CAJ | 학술논문

根据新古典分配理论，劳动的价格由其边际产出决定，劳动所得比重取决于其边际产出和投入数量，这不仅是生产达到最优经济效果的必要条件，也是我们评价劳动报酬占比是否合理的标准。从生产函数的估计结果看，我国实际的劳动报酬占比低于劳动对产出的贡献。进一步的研究发现，资本深化虽然有助于提高劳动的边际产出，但是由于较低的利率扩大了资本的使用规模，这使得资本深化对我国的劳动报酬占比产生了显著的负效应。此外，劳资力量对比、经济波动对劳动报酬具有显著的影响，导致了我国实际劳动报酬占比偏离了劳动对产出的贡献。
근거신고전분배이론，노동적개격유기변제산출결정，노동소득비중취결우기변제산출화투입수량，저불부시생산체도최우경제효과적필요조건，야시아문평개노동보수점비시부합리적표준。종생산함수적고계결과간，아국실제적노동보수점비저우노동대산출적공헌。진일보적연구발현，자본심화수연유조우제고노동적변제산출，단시유우교저적리솔확대료자본적사용규모，저사득자본심화대아국적노동보수점비산생료현저적부효응。차외，로자역량대비、경제파동대노동보수구유현저적영향，도치료아국실제노동보수점비편리료노동대산출적공헌。
According to neoclassic income distribution theory, labor prices are determined by their marginal output and labor share depends on marginal output and input, which are not only the necessary conditions of optimal economic results but also the evaluation criteria of the rationality of labor share. The empirical results of production function show that the actual labor share in China is less than labor contribution to output. Further research finds that, although capital deepening is beneficial to the increase in marginal output of labor, it has significantly negative effect on labor income share in China owing to the expansion of capital usage scale based on lower interest rates. In addition, the ratio of labor to capital and economic fluctuations have obvious effects on labor returns, leading to labor share＇s deviation from labor contribution to output.