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Does government investment push up manufacturing labor costs? Evidence from China
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This research by Yang Liuyi, Zhu Yunchan, and Ren Feirong delves into China's soaring manufacturing labor costs, revealing how government infrastructure investment fuels demand and pushes costs higher. The study presents eye-opening empirical findings that show a direct correlation between government spending and labor cost inflation. Discover how managing these investments can ensure sustainable development for enterprises in China.
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