Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)

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

Authors
Kangshun Geng, Haiqi Wu
Corresponding Author
Kangshun Geng
Available Online December 2018.
DOI
https://doi.org/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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Volume Title
Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2018
ISBN
978-94-6252-623-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/febm-18.2018.81How to use a DOI?
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/).

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  -