Impact of urbanization on perceived labor cost changes in manufacturing industries in Hebei of China

The past five decades have witnessed unprecedented economic growth in China. One of the major elements that accelerated this rapid economic growth, especially in manufacturing sectors, is the relatively low labor cost of China. However, labor cost in manufacturing industries of China continues to ri...

Full description

Saved in:

Bibliographic Details
Main Author:	Chen, Lisha
Format:	Thesis
Language:	English
Published:	2014
Subjects:	HD28 Management Industrial Management
Online Access:	http://eprints.utm.my/id/eprint/77891/1/ChenLishaPFM2014.pdf
Tags:	Add Tag No Tags, Be the first to tag this record!

id	my-utm-ep.77891
record_format	uketd_dc
spelling	my-utm-ep.778912018-07-23T05:46:08Z Impact of urbanization on perceived labor cost changes in manufacturing industries in Hebei of China 2014-09 Chen, Lisha HD28 Management. Industrial Management The past five decades have witnessed unprecedented economic growth in China. One of the major elements that accelerated this rapid economic growth, especially in manufacturing sectors, is the relatively low labor cost of China. However, labor cost in manufacturing industries of China continues to rise in recent years. Therefore, this study was designed to investigate the rising labor cost from a new perspective based on urbanization as well as its impact on the change of labor cost. A sequential exploratory design as a mixed method was used. Initially, qualitative data were collected and analyzed, and the results were used to develop the survey questionnaire. The qualitative data comprised document reviews, interviews and expert opinion assessments on the components of the labor cost and the impact factors of urbanization on labor cost. Quantitative data were collected from a survey of 200 manufacturing industries in Hebei province. The results of the qualitative data analysis showed that the major components of labor cost consist of social insurance, wage, job training and welfare costs. Social insurance has the most and fastest rise in cost. In addition, six factors of urbanization proposed by the experts are policy factor, human capital investment factor, living costs factor, population factor, economic factor, and individual factor. However, based on the quantitative data analysis, only the first three factors are statistically significant. From the study, it is concluded that there are three implications: model development to address the theoretical contribution, recommendations for the government on policy making and living cost control, and proposals for the employers to minimize negative impact of increasing labor cost. 2014-09 Thesis http://eprints.utm.my/id/eprint/77891/ http://eprints.utm.my/id/eprint/77891/1/ChenLishaPFM2014.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:97941 phd doctoral Universiti Teknologi Malaysia, Faculty of Management Faculty of Management
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	HD28 Management Industrial Management
spellingShingle	HD28 Management Industrial Management Chen, Lisha Impact of urbanization on perceived labor cost changes in manufacturing industries in Hebei of China
description	The past five decades have witnessed unprecedented economic growth in China. One of the major elements that accelerated this rapid economic growth, especially in manufacturing sectors, is the relatively low labor cost of China. However, labor cost in manufacturing industries of China continues to rise in recent years. Therefore, this study was designed to investigate the rising labor cost from a new perspective based on urbanization as well as its impact on the change of labor cost. A sequential exploratory design as a mixed method was used. Initially, qualitative data were collected and analyzed, and the results were used to develop the survey questionnaire. The qualitative data comprised document reviews, interviews and expert opinion assessments on the components of the labor cost and the impact factors of urbanization on labor cost. Quantitative data were collected from a survey of 200 manufacturing industries in Hebei province. The results of the qualitative data analysis showed that the major components of labor cost consist of social insurance, wage, job training and welfare costs. Social insurance has the most and fastest rise in cost. In addition, six factors of urbanization proposed by the experts are policy factor, human capital investment factor, living costs factor, population factor, economic factor, and individual factor. However, based on the quantitative data analysis, only the first three factors are statistically significant. From the study, it is concluded that there are three implications: model development to address the theoretical contribution, recommendations for the government on policy making and living cost control, and proposals for the employers to minimize negative impact of increasing labor cost.
format	Thesis
qualification_name	Doctor of Philosophy (PhD.)
qualification_level	Doctorate
author	Chen, Lisha
author_facet	Chen, Lisha
author_sort	Chen, Lisha
title	Impact of urbanization on perceived labor cost changes in manufacturing industries in Hebei of China
title_short	Impact of urbanization on perceived labor cost changes in manufacturing industries in Hebei of China
title_full	Impact of urbanization on perceived labor cost changes in manufacturing industries in Hebei of China
title_fullStr	Impact of urbanization on perceived labor cost changes in manufacturing industries in Hebei of China
title_full_unstemmed	Impact of urbanization on perceived labor cost changes in manufacturing industries in Hebei of China
title_sort	impact of urbanization on perceived labor cost changes in manufacturing industries in hebei of china
granting_institution	Universiti Teknologi Malaysia, Faculty of Management
granting_department	Faculty of Management
publishDate	2014
url	http://eprints.utm.my/id/eprint/77891/1/ChenLishaPFM2014.pdf
_version_	1747817856396951552

Impact of urbanization on perceived labor cost changes in manufacturing industries in Hebei of China

Similar Items