Potential residual and relative wages in Chinese township and village enterprises

摘要: We examine the role of potential residual revenue in determining pay skilled workers and enterprise directors relative to production China's Township Village Enterprises (TVEs) period from 1984 1990. The is proxied negatively by returns scale positively aggregate market conditions. find that ratio between wages both technical those related residual, while holding constant local unemployment, land per person, FDI worker. This evidence consistent with hypothesis de facto claimancy.