3 ms·
TWCW cites 40% labor-share-of-value-add (vs 70% typical) as the macro figure and gives the hukou system as one example of policy that achieves this outcome.
by jjoonathan 3y ago
TWCW cites 40% labor-share-of-value-add (vs 70% typical) as the macro figure and gives the hukou system as one example of policy that achieves this outcome.