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Capital, Labor, and the Business Environment: Unraveling the Dynamics of Income Share and Economic Growth

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Capital, Labor, and the Business Environment: Unraveling the Dynamics of Income Share and Economic Growth


Guoju Chen | Jing Ma



Guoju Chen | Jing Ma "Capital, Labor, and the Business Environment: Unraveling the Dynamics of Income Share and Economic Growth" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-8 | Issue-6, December 2024, pp.951-955, URL: https://www.ijtsrd.com/papers/ijtsrd72706.pdf

This paper examines the impact of business environment optimization on enterprise development, labor income share, and capital accumulation. The study finds that improving the business environment, particularly through reforms in administrative approvals, credit supervision, and business registration, not only reduces market entry barriers but also fosters innovation and entrepreneurial vitality, thereby influencing industrial structure upgrading, labor income share, and capital accumulation. By analyzing experiences from China and other countries, this paper reveals that, during the early stages of business environment improvement, labor income share may initially decrease due to accelerated capital accumulation. However, as market mechanisms mature and industrial structures are optimized, labor income share eventually increases. The paper further explores the long-term impact of technological advancement, capital deepening, and globalization on labor income share, providing policy recommendations on how to balance the interests of capital and labor in income distribution.

Business Environment, Labar Income Share, Deregulations


IJTSRD72706
Volume-8 | Issue-6, December 2024
951-955
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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