Study on the Causal Relationship Between China’s Low Employment and Technological Progress

DOI

10.2991/febm-18.2018.81How to use a DOI?

Keywords

Low employment; Technological progress; Influence path; Causal relationship

Abstract

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.

Copyright

© 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/).

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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  - 10.2991/febm-18.2018.81
ID  - Geng2018/12
ER  -