Empirical analysis of the synergy of the three sectors’ development and labor employment

YingYing Ding, Zheng Li, Xiaojun Ge and Yu Hu

Technological Forecasting and Social Change, 2020, vol. 160, issue C

Abstract: Employment is an important production factor within economic development. There is a close connection between economic sector structure and employment structure, and the synergy between these two is an important index to measure the sustainable development of a social economy. This paper studies the degree of synergy within the three sectors from the three dimensions of employment elasticity, degree of structural deviation, and labor productivity ratio. The results show that the employment elasticity of the three sectors presents different characteristics and that the tertiary sector has the most significant driving effect on employment. The imbalance between the primary and secondary sector structures and the employment structure is relatively prominent. The labor productivity ratio of the three sectors is slightly superior to the national level in the same period. The tertiary sector has the strongest ability to absorb labor and the highest degree of synergy. The purpose of this study is to analyze the employment absorption capacity of the three industries and provide guidance for the government and relevant departments to formulate industrial development policies.

Keywords: Three sectors development; Labor employment; Synergy (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:160:y:2020:i:c:s0040162520310490

DOI: 10.1016/j.techfore.2020.120223

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