Empirical Research on the Changes in Share of Worker Compensation in Taiwan


  •  Shang Song    

Abstract

Taiwan’s economic development primarily relies on international trade. Recent trade data, however, indicate that mainland China has surpassed the United States as Taiwan’s largest trading partner. Meanwhile, Taiwan’s unemployment rate has increased and the share of income has decreased, which has consequently widened income disparities. Thus, Taiwanese attribute the decline in worker income to trade with mainland China. This paper reveals the change in the share of worker compensation in Taiwan through empirical research.



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