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最低工资标准、人力资本扩张与企业成本加成*
引用本文:李真,宗慧隽.最低工资标准、人力资本扩张与企业成本加成*[J].经济理论与经济管理,1981,40(8):84.
作者姓名:李真  宗慧隽
作者单位:山东财经大学国际经贸学院
基金项目:本文得到国家社会科学基金青年项目(15CGJ019)、山东省高等学校青年教师成长计划、山东财经大学青年骨干教师境外研修重点支持计划的资助。
摘    要:本文以人力资本扩张为切入点,构建了最低工资、人力资本扩张影响企业成本加成的理论框架,并使用中国1998-2013年284个地级市的工业企业数据进行了经验研究。结论显示:最低工资上调会显著抑制企业成本加成的提升,削弱了企业的市场势力,但该抑制效应在人力资本扩张的背景下得以缓解。同时本文通过进一步分组回归发现,最低工资标准与人力资本扩张对企业成本加成具有明显的异质性影响。因此,适度、稳定调整最低工资标准及推动人力资本质量的整体提升有助于保持企业成本加成能力及其动态竞争力。


MINIMUM WAGE,EXPANSION OF HUMAN CAPITAL AND FIRMS' MARKUPS
LI Zhen,ZONG Hui jun.MINIMUM WAGE,EXPANSION OF HUMAN CAPITAL AND FIRMS' MARKUPS[J].Economic Theory and Business Management,1981,40(8):84.
Authors:LI Zhen  ZONG Hui jun
Institution:School of International Trade and Economics, Shandong University of Finance and Economics
Abstract:Conducting a unified theoretical analysis,this paper takes minimum wage, expansion of human capital and firms' markups into account. Meanwhile, this paper uses the Chinese Industrial Enterprises Database and 284 city level data from 1998 to 2013 to do empirical research. The conclusions show that: the increase of minimum wage could decrease the firms' markups and reduce firms' market power. However, the expansion of human capital weakens the negative effects. Further analysis shows that the minimum wage and the expansion of human capital have heterogeneous impacts on firms' markups. Therefore, adjusting the minimum wage moderately and steadily and promoting quality of human capital will maintain firms' markups and competitiveness.
Keywords:minimum wage                                                                                                                          expansion of human capital                                                                                                                         firms' markups
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