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 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.

Bibliographic Details

Main Author:	Knight, John
Language:	English
Published:	World Bank, Washington, DC 2013-06
Subjects:	ABSOLUTE POVERTY, ABSOLUTE POVERTY LINE, ACCOUNTABILITY, AGGREGATION BIAS, ASSET INEQUALITY, CAPITAL ACCUMULATION, CAPITAL GAINS, CONDITIONAL CONVERGENCE, DEPENDENT VARIABLE, DEVELOPING COUNTRIES, DEVELOPMENT ECONOMICS, DIFFERENCES IN INCOME, DISPOSABLE INCOME, ECONOMETRIC ANALYSIS, ECONOMIC DEVELOPMENT, ECONOMIC EFFICIENCY, ECONOMIC GROWTH, ECONOMIC INEQUALITY, ECONOMIC REFORM, ECONOMIC REFORMS, ECONOMIC REVIEW, ECONOMIC THEORY, EMPLOYMENT OPPORTUNITIES, FACTOR INCOME, FARM INCOMES, FARMERS, FARMLAND, FINANCIAL CRISIS, GDP, GINI COEFFICIENT, GROWTH RATE, GROWTH RATES, HOUSEHOLD CONSUMPTION, HOUSEHOLD INCOME, HOUSEHOLD INCOMES, HOUSEHOLD SURVEYS, HOUSING SUBSIDIES, HUMAN CAPITAL, INCOME, INCOME DIFFERENCES, INCOME DISPARITIES, INCOME DISTRIBUTION, INCOME GAP, INCOME GROUPS, INCOME INEQUALITY, INCOME LEVEL, INCOME LEVELS, INCOME POVERTY, INCOME TRANSFERS, INCREASED INEQUALITY, INCREASING INCOME INEQUALITY, INEQUALITY, INEQUALITY DECREASE, INEQUALITY REDUCTION, INSURANCE, LABOR FORCE, LABOR MARKET, LABOR SHORTAGE, LABOUR, LABOUR MARKET, LAND OWNERSHIP, MEAN INCOME, MEASURING INEQUALITY, MIGRANT LABOR, MINIMUM INCOME, MINIMUM WAGES, NEGATIVE COEFFICIENT, NEGATIVE EFFECT, PENSIONS, PER CAPITA GROWTH, PERSONAL INCOME, POLICY DISCUSSIONS, POLICY IMPLICATIONS, POLICY MEASURES, POLICY RESEARCH, POLITICAL ECONOMY, POOR, POOR HOUSEHOLDS, POOR RURAL AREAS, POPULATION DATA, POSITIVE COEFFICIENT, POSITIVE EFFECT, POVERTY LINE, POWER PARITY, PROFIT SHARING, PROPERTY RIGHTS, PUBLIC ECONOMICS, PUBLIC POLICY, PUBLIC TRANSFERS, QUESTIONNAIRES, RAPID GROWTH, REAL INCOME, REDISTRIBUTIVE POLICY, REGIONAL INEQUALITY, REGIONAL LEVEL, REGRESSION ANALYSES, RELATIVE CONCEPT, RELATIVE DEMAND, RELATIVE INCOME, RELATIVE POVERTY, RENTS, RISING INCOME INEQUALITY, RISING INEQUALITY, RURAL, RURAL AREAS, RURAL DWELLERS, RURAL HEALTH, RURAL HOUSEHOLD, RURAL HOUSEHOLD INCOME, RURAL HOUSEHOLDS, RURAL INCOME, RURAL INFRASTRUCTURE, RURAL INFRASTRUCTURE DEVELOPMENT, RURAL LABOR, RURAL POLICIES, RURAL POVERTY, RURAL RESIDENCE, SOCIAL CAPITAL, SOCIAL COHESION, SOCIAL DISORDER, SOCIAL SECURITY, TAXATION, TRADE LIBERALIZATION, UNEMPLOYED, UNEMPLOYMENT, UNSKILLED LABOR, URBAN EMPLOYMENT, URBAN WORKERS, WAGE INEQUALITY, WAGE STRUCTURE, WAGES, WELL-BEING, WELLBEING, WELL­BEING, subjective well-being, social instability,
Online Access:	http://documents.worldbank.org/curated/en/2013/06/17857325/inequality-china-overview https://hdl.handle.net/10986/15843
Tags:	Add Tag No Tags, Be the first to tag this record!