Literature review on labor cost stickiness: An analysis based on the background of high-speed rail

After more than a decade of development, China's high-speed rail construction has led the world level and made an important contribution to China's economic growth, thus the discussion around the impact of the rapid development of high-speed rail has also become a key issue of academic concern. The construction of high-speed rail not only has a significant impact on the macroeconomic development level, but also plays a role in the behavioral mode of micro-enterprises, which cannot be ignored. As a part of the capital market, the operation mode and management decisions of enterprises are subject to the constraints of various factors inside and outside the enterprises. The environmental changes caused by the change in time and space distance will also affect the production and operation decisions of enterprises. However, there are fewer studies examining the impact of external macro transportation infrastructure on the cost management behavior of enterprises. Labor cost stickiness, as an important performance of enterprise cost decisions, reflects the efficiency of enterprise resource allocation. In the context of the normalization of rising labor costs, China's economic development into a new normal, and supply-side structural reform, how to optimize labor hiring strategy and strengthen labor cost management puts forward higher requirements for enterprises. Based on the above research background, this paper combines the national macro-level transportation infrastructure, and focuses on the impact of the adjustment cost changes brought about by the opening of high-speed rail to enhance the mobility of the labor force on the stickiness of labor cost of enterprises, and further enriches the theoretical research content of the opening of high-speed rail on the field of cost management of enterprises, to provide empirical evidence from the micro-enterprises for the economic effect of the reform of the market-oriented allocation of labor factors.