Empirical analysis of the synergy of the three sectors’ development and labor employment
•This paper exhibits the proximity of industry structure and employment structure by making the assumption that employment is an important production factor for industry development. The result indicates that the primary industry structure is least capable of coordinating with employment structure w...
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Veröffentlicht in: | Technological forecasting & social change 2020-11, Vol.160, p.120223, Article 120223 |
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Sprache: | eng |
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Zusammenfassung: | •This paper exhibits the proximity of industry structure and employment structure by making the assumption that employment is an important production factor for industry development. The result indicates that the primary industry structure is least capable of coordinating with employment structure where as the secondary industry structure is better at coordinating with employment structure. In the context of service sector the structure showed the best coordination with employment structure and it can effectively absorb the surplus labor in the primary and secondary industry. The authors of the paper, analyses employment elasticity, structural deviation degree, and ratio labor productivity of three industries. The results show that, the primary industry experiences a negative employment elasticity which means the economic growth of the primary industry caused a decrease in employment. Similarly the secondary sector experiences the Crowding-out effect showing a sharp decline. In the context of the service sector developed quickly, and economic growth played a decisive pulling function in employment growth.•The present study finds out that the coordination is the crucial guarantee for upgradation of Industry. The data shows that there is a certain coordination difference between three industry structure and the employment structure. The coordination in the primary industry is the worst with a large number of surplus labor force not being transferred. And the secondary industry as a whole is good; the surplus labor force can be effectively transferred to some extent. The service sector has the best coordination.
Employment is an important production factor within economic development. There is a close connection between economic sector structure and employment structure, and the synergy between these two is an important index to measure the sustainable development of a social economy. This paper studies the degree of synergy within the three sectors from the three dimensions of employment elasticity, degree of structural deviation, and labor productivity ratio. The results show that the employment elasticity of the three sectors presents different characteristics and that the tertiary sector has the most significant driving effect on employment. The imbalance between the primary and secondary sector structures and the employment structure is relatively prominent. The labor productivity ratio of the three sectors is slightly superior to the national level in t |
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ISSN: | 0040-1625 1873-5509 |
DOI: | 10.1016/j.techfore.2020.120223 |