Journal of Jishou University(Social Sciences) ›› 2007, Vol. 28 ›› Issue (5): 14-17.

• Economics • Previous Articles     Next Articles

The Balanced Labor Force Price and the Distorted Labor Force Price

  

  1. (Economy College,Xiamen University,Xiamen,Fujian 361005,China)
  • Online:2007-09-15 Published:2012-05-30

Abstract: The balanced labor force price is a category of complete free market,and is an outcome of complete competition between labor force supply and demand.However,in reality,the supply and demand of labor force and its price are not only restrained by market factors,but also by non-market factors,thus labor force price is often distorted.Complete free market competition and the related balanced labor force price are nothing but theoretical abstract.The distorted labor force price,related to incomplete free market competition,has both positive effect and negative effect.In the recent 20 years of open and reform,the labor-intensive industries in our country have developed rapidly and promoted import and export.However,this situation is largely duo to the distorted labor force price,which is inevitably lifeless and unsustainable.

Key words: the balanced labor force price, the distorted labor force price, positive effect, negative effect

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