摘要
以《最低工资规定》下发为契机,基于中国工业企业和地市级最低工资的匹配数据,利用断点回归策略考察劳动保护对企业绩效的影响及其作用机制。研究发现,劳动保护会给企业施加"硬约束",显著降低企业绩效。而且,在经济发达地区的非国有企业和小规模企业中,这种抑制效应更明显。机制检验发现,劳动保护能够通过"成本效应"和"现金流效应"促使企业增加避税意愿、提升创新能力和减少投资规模,从而对企业绩效造成负向影响。本文研究对于理解劳动保护的微观经济后果和促进企业提质增效具有良好的政策启示。
This paper took the issuance of"Minimum Wage Regulations"as an opportunity,and cited the matching data of the minimum wages of Chinese industrial enterprises and prefectures,then used the regression discontinuity design to investigate the impact of labor protection on corporate performance and its mechanism.The study found that labor protection may impose"hard constraints"on enterprises and significantly reduce their performance.Moreover,this inhibitory effect was more obvious in the nonstate-owned enterprises and small-scale enterprises being located in developed areas.Mechanism test found that labor protection had promoted enterprises to increase tax avoidance willingness,innovation capabilities and reduce investment scale through"cost effect"and"cash flow effect",and further exerted a negative effect on corporate performance.Our findings have good policy enlightenment for understanding the microeconomic consequences of labor protection and promoting enterprises to improve quality and efficiency.
作者
黄保聪
余锦亮
肖人瑞
HUANG Bao-cong;YU Jin-liang;XIAO Ren-rui(School of Public Administration,Hunan University,Changsha 410079;School of Economics and Trade,Hunan University,Changsha 410079,China)
出处
《山西财经大学学报》
CSSCI
北大核心
2021年第8期98-111,共14页
Journal of Shanxi University of Finance and Economics
基金
国家自然科学基金项目(72003060)
国家社会科学基金项目(20FJYB051)
关键词
劳动保护
企业绩效
最低工资
准自然试验
断点回归
labor protection
enterprise performance
minimum wage
quasi-natural experiment
regression discontinuity design
