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Workers’ income risk and the evolution of income inequality in China

Author

Listed:
  • Wang, Yan
  • Conesa, Juan Carlos

Abstract

We estimate the labor income process faced by Chinese workers in three distinct sectors. Agricultural workers experience the highest level of income risk and the lowest average income, whereas those in the private sector face significantly greater risk and lower average income compared to their non-private sector counterparts. We find a substantial increase in inequality across sectors, instead of increasing risk within sectors.

Suggested Citation

  • Wang, Yan & Conesa, Juan Carlos, 2024. "Workers’ income risk and the evolution of income inequality in China," Economics Letters, Elsevier, vol. 234(C).
    • Handle: RePEc:eee:ecolet:v:234:y:2024:i:c:s0165176523005049
    DOI: 10.1016/j.econlet.2023.111478
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    More about this item

    Keywords

    Income risk; China; Agriculture; Private sector; Non-private sector;
    All these keywords.

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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