Study on the Causal Relationship Between China’s Low Employment and Technological Progress
- https://doi.org/10.2991/febm-18.2018.81How to use a DOI?
- Low employment; Technological progress; Influence path; Causal relationship
China's economy has a phenomenon of "high growth with low employment", in which technological progress will show the appearance of labor saving. There may be two causal relationships between low employment and technological progress in China. First, labor-saving technological progress has led to low employment. Second, non-technological progress has led to low employment, and low employment data make technological progress show the illusion of saving labor under the condition of rapid economic growth. Theoretical analysis shows that technological progress has two mechanisms: promoting employment and restraining employment. And the impact of technological progress on employment needs to be integrated with two mechanisms. Empirical analysis shows that the overall effect of technological progress on employment at the current stage is to promote employment, so the low employment data in China leads to the illusion of labor saving.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Kangshun Geng AU - Haiqi Wu PY - 2018/12 DA - 2018/12 TI - Study on the Causal Relationship Between China’s Low Employment and Technological Progress BT - Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018) PB - Atlantis Press SP - 357 EP - 360 SN - 2352-5428 UR - https://doi.org/10.2991/febm-18.2018.81 DO - https://doi.org/10.2991/febm-18.2018.81 ID - Geng2018/12 ER -