Inequality in China : An Overview

Knight, John

Inequality in China : An Overview

2013

Knight, John

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.

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AGROVOC Keywords

accountability developing countries development economics economic development economic growth farmers farmland growth rate household consumption household income household surveys human capital income income distribution income transfers insurance labour labour market land ownership pensions property rights questionnaires rural areas rural poverty social capital social security taxation trade liberalization unemployment wages

Bibliographic information

Publisher

World Bank, Washington, DC

Other Subjects

Financial crisis; Poverty line; Rising income inequality; Public policy; Employment opportunities; Positive effect; Income inequality; Capital gains; Rural residence; Rising inequality; Urban workers; Relative concept; Conditional convergence; Inequality reduction; Rural infrastructure; Economic theory; Disposable income; Rural health; Absolute poverty; Policy measures; Gdp; Increasing income inequality; Unskilled labor; Regional level; Economic inequality; Labor shortage; Gini coefficient; Income poverty; Migrant labor; Factor income; Poor; Increased inequality; Personal income; Wage inequality; Econometric analysis; Economic reforms; Population data; Rapid growth; Policy implications; Farm incomes; Household incomes; Rural labor; Subjective well-being; Profit sharing; Income differences; Redistributive policy; Economic review; Rural; Social instability; Wellbeing; Income groups; Rural household; Aggregation bias; Relative poverty; Urban employment; Negative effect; Real income; Economic efficiency; Dependent variable; Capital accumulation; Differences in income; Income levels; Relative demand; Well-being; Minimum income; Regression analyses; Housing subsidies; Per capita growth; Power parity; Labor market; Political economy; Income disparities; Measuring inequality; Policy research; Rural income; Social cohesion; Wellbeing; Relative income; Rural infrastructure development; Growth rates; Negative coefficient; Public economics; Inequality decrease; Rural households; Absolute poverty line; Rural household income; Policy discussions; Regional inequality; Social disorder; Asset inequality; Economic reform; Poor households; Mean income; Income gap; Inequality; Positive coefficient; Poor rural areas; Income level; Minimum wages; Unemployed; Wage structure; Labor force; Rents; Rural dwellers; Rural policies; Public transfers

Language

English

Format

application/pdf, text/plain

License

CC BY 3.0 IGO, http://creativecommons.org/licenses/by/3.0/igo/, World Bank

In AGRIS since: 2024-10-18

Modification date: 2025-04-17

Format: Dublin Core

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DOI http://documents.worldbank.org/curated/en/2013/06/17857325/inequality-china-overview https://hdl.handle.net/10986/15843

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Inequality in China : An Overview

2013

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