Interactive relationship between China’s industrial structure and human resources employment structure

Author:

Cui Lijuan1ORCID,Medvid Viktoriia2ORCID

Affiliation:

1. Ph.D., Associate Professor, Department of Management, Faculty of Economics and Management, Sumy National Agrarian University, Ukraine; Henan Institute of Science and Technology

2. Doctor of Economics, Professor, Department of Economics and Entrepreneurship, Faculty of Economics and Management, Sumy National Agrarian University

Abstract

This study aims to understand the relationship between China’s industrial structure and human resources employment structure. This paper reviewed the relevant data from the China Statistical Yearbook, China Population and Employment Statistical Yearbook between 2010 and 2019 and quantitatively analyzed the interrelationship between the two using the CORREL function, employment elasticity coefficient, and employment structure deviation coefficient. Results indicate that the two have a strong correlation, but the coordination is poor; from the perspective of stimulating economic effect on employment, the total employment elasticity coefficient of the three industries is primarily positive, but the absolute value is close to 0. The synchronous inspiring effect of economic growth of various industries on employment is not apparent. In terms of equilibrium, the degree of structural deviation of the primary industry fluctuated between –0.70 and –0.75 each year, and the degree of structural deviation of the secondary industry has always hovered around 0.4. Although the degree of structural deviation of the tertiary industry was stable overall, mainly in some years, the deviation coefficient was still higher than 0.2, and the degree of imbalance between the economic development of various industries and the employment structure is more severe.

Publisher

LLC CPC Business Perspectives

Subject

Strategy and Management,Business and International Management,General Business, Management and Accounting,Information Systems and Management,Law,Sociology and Political Science,Public Administration

Reference59 articles.

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3. Agglomeration externalities, market structure and employment growth in high-tech industries: Revisiting the evidence

4. Clark, C. (1940). The Conditions of Economic Progress. New York: Macmillan Company.

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