1.Title: Division of Labour, Distribution and labour-capital bargaining
Author(s):Yong Yue Huiqin Yao
Abstract:Summarizing the distribution theory from Marx’s labor-capital bargaining model, distribution theory of Marginal productivity, Second theorem of welfare economics and New Institutional Economics, the thesis will try to explain China earnings inequality in different crowds by Marx’s labour-capital bargaining model.
Based on empirical research, the contributions are as follow: (1) The relative scarcity of factor failing to explain the income inequality of China completely, (2) income level between different groups being correlated with capital scale per labor, and (3) with government’s investment scale (its investment proportion in the whole investment, correlating with earnings level of different provinces and different industries) as well.
To draw the conclusion, the main reason why the income inequality of China is: the governments at all levels are eager for enhancing GDP and related tax, leading to concentrating on prompting capital accumulation and controlling labor price. Therefore, the income inequality of China is a issue of political economy and the change relies on the institution reform and promotion of market economy, which is homology with the new classic economics.
Key Words:Division of Labour;Distribution; Income inequality; Labour-capital bargaining ;Political economics.
JEL Classifications: B140 D310 E640
2. Title: The Interplay of Power, Rights and Interests
Abstract:In recent years, the problem that China’schaiqian(“Demolition and Relocation”) has emerged as a field prone to disputes. Such disputes frequently involve various governmental bodies, private developers, the courts, construction companies, and the general public. Conflicts between the private rights and the public interest, between the individual interests, commercial interests and the political power, are becoming increasingly fierce and have raised concerns about social stability. Those well-connected construction developers try to gain the huge illegal profits. Some forced eviction cases violate basic human rights, but the legal redress for evicted persons still lack. With an examination of the current law framework in China and what policy changes have been to attempt to deal with the issues associated with Demolishment and Relocation, the author use the method of law and economics and two game theory models to directly illustrate situation encountered in practice and theProperty law,Law of the People's Republic of China on Administration of the Urban Real Estate,City Planning Law of the Peoples Republic of China,especiallyRegulation on the Administration of Urban House Demolishment and Relocation(by State Department, 2001) and other national laws and regulations. Finally, the author describing the present difficulties in legal relief forChaiqiandisputes, and presents some possiblesolutions and recommendations.
Key word:Urban House Demolition and Relocation (chaiqian), Economic and Legal Analysis, Solutions and Recommendations
3. Title: Fiscal Decentralization, Institutional Innovation and Economic Growth
Author(s):Ruiming Liu Yongxiu Bai
Abstract:Fisical decentralization and instituional innovation are two key figures in china’s economic growth. This paper investigates the economic growth from the perspective of fisical decentralization, we think that the fiscal decentr