RETRACTED Measurement and analysis of the distortion of factor prices in China.
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Where this comes from
- Record sourced from PubMed, PMID 39042668.
- Also identified by DOI 10.1371/journal.pone.0302825 and PMC identifier 11265662.
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Abstract
This study uses the extended C-D production function method to measure the total distortion of factor prices and the distortion of capital, labor and land factor prices in China's provinces and cities. The results indicate that between 2000 and 2019, due to factors such as the dual economic structure between urban and rural areas, human intervention in the capital market, and lagging land marketization reform, both capital and land factor prices showed negative distortions, except for positive distortions in labor factor prices. The degree of this positive distortion began to gradually weaken, and even showed a negative distortion trend in some regions.
Medical subject headings
- Commerce