产品市场竞争与企业劳动力成本黏性

产业竞争环境是影响企业经济行为的重要因素。针对中国劳动力市场转型出现的新特点,本文以中国上市企业2001~2011年数据为样本,考察了中观层面产品市场竞争对微观层面企业劳动力成本管理决策的影响。研究结果表明激烈竞争的产品市场环境会使企业采取更具黏性的劳动力成本管理战略。而且,企业对劳动力成本的调整主要体现在普通员工,高层管理人员受到的影响较小。本文进一步考察微观层面企业特征对产业竞争影响企业劳动力成本管理的调节作用,结果表明竞争压力较大、市场地位较低的企业在劳动力成本管理决策中对产品市场竞争的反应更加明显,表现出更强的劳动力成本黏性。本文还发现非国有控股企业在激烈竞争的产品市场环境下表现出更强的劳动力成本黏性。本文研究提供了产业竞争环境与劳动力市场相联系的经验证据,有助于深入理解产业竞争环境对微观企业行为的影响,为相关监管机构和政策制定者增强劳动者权益保护提供了指导建议。

Product Market Competition and Corporate Labor Cost Stickiness

Relevant studies have shown market condition is a critical factor for corporate behavior. We focus on exploringthe relationship between the market competition in the median level and the corporate labor cost management in the context ofemerging labor market in China. Using a sample of China＇s listed firms from 2001 to 2011, we find that market competitionwill strengthen labor cost stickiness, which result from market competition augment firms＇ labor demand. Furthermore, we findthat firms with greater competitive pressure or lower market power will increase labor cost stickiness to react to market competition. The evidence has an important implication for research on market condition and corporate strategy and provides some useful suggestions for policy makers.