Inequality in China : An Overview
This paper provides an overview of research on income inequality in China over the period of economic reform. It presents the results of two main sources of evidence on income inequality and, assisted by various decompositions, explains the reasons income inequality has increased rapidly and the Gin...
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okr-10986-225622021-04-23T14:04:09Z Inequality in China : An Overview Knight, John employment opportunity farm income household income household survey housing subsidy income distribution income inequality Inequality political economy poor household rural area rural household rural household income rural income rural poverty rural residence This paper provides an overview of research on income inequality in China over the period of economic reform. It presents the results of two main sources of evidence on income inequality and, assisted by various decompositions, explains the reasons income inequality has increased rapidly and the Gini coefficient is now almost 0.5. This paper evaluates the degree of income inequality from the perspectives of people's subjective well-being and government concerns. It poses the following question: has income inequality peaked? It also discusses the policy implications of the analysis. The concluding comments of this paper propose a research agenda and suggest possible lessons from China's experience that may be useful for other developing countries. 2015-08-28T19:36:13Z 2015-08-28T19:36:13Z 2014-01-24 Journal Article World Bank Research Observer 1564-6971 http://hdl.handle.net/10986/22562 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article China |
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World Bank Open Knowledge Repository |
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World Bank |
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en_US |
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employment opportunity farm income household income household survey housing subsidy income distribution income inequality Inequality political economy poor household rural area rural household rural household income rural income rural poverty rural residence |
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employment opportunity farm income household income household survey housing subsidy income distribution income inequality Inequality political economy poor household rural area rural household rural household income rural income rural poverty rural residence Knight, John Inequality in China : An Overview |
geographic_facet |
China |
description |
This paper provides an overview of research on income inequality in China over the period of economic reform. It presents the results of two main sources of evidence on income inequality and, assisted by various decompositions, explains the reasons income inequality has increased rapidly and the Gini coefficient is now almost 0.5. This paper evaluates the degree of income inequality from the perspectives of people's subjective well-being and government concerns. It poses the following question: has income inequality peaked? It also discusses the policy implications of the analysis. The concluding comments of this paper propose a research agenda and suggest possible lessons from China's experience that may be useful for other developing countries. |
format |
Journal Article |
author |
Knight, John |
author_facet |
Knight, John |
author_sort |
Knight, John |
title |
Inequality in China : An Overview |
title_short |
Inequality in China : An Overview |
title_full |
Inequality in China : An Overview |
title_fullStr |
Inequality in China : An Overview |
title_full_unstemmed |
Inequality in China : An Overview |
title_sort |
inequality in china : an overview |
publisher |
Oxford University Press on behalf of the World Bank |
publishDate |
2015 |
url |
http://hdl.handle.net/10986/22562 |
_version_ |
1764451423572983808 |