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Recent Trends in China’s Distribution of Income and Consumption: A Review of the Evidence

In: Resurgent China

Author

Listed:
  • Eric D. Ramstetter

    (Study of East Asian Development (ICSEAD)
    Kyushu University)

  • Erbiao Dai

    (Study of East Asian Development (ICSEAD))

  • Hiroshi Sakamoto

    (Study of East Asian Development (ICSEAD))

Abstract

It is well known that China’s economy has grown very rapidly in recent years, though there is some controversy over precisely how fast economic growth has been. For example, the new (revised) series on Gross Domestic Product (GDP) suggest that between 1993 and 2004, China’s per capita GDP increased 4.1 times in nominal terms and 2.7 times in real terms (Tables 6.1, 6.2).1 The old national estimates suggest a somewhat slower increase, 3.6-fold and 2.3-fold, respectively, but the old region-based estimates indicate a more rapid increase for the nation, 4.4-fold and 3.0-fold, respectively. The new national series is probably the most accurate because it incorporates new data and estimation techniques.

Suggested Citation

  • Eric D. Ramstetter & Erbiao Dai & Hiroshi Sakamoto, 2009. "Recent Trends in China’s Distribution of Income and Consumption: A Review of the Evidence," Palgrave Macmillan Books, in: Nazrul Islam (ed.), Resurgent China, chapter 6, pages 149-180, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-23425-3_6
    DOI: 10.1057/9780230234253_6
    as

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    Cited by:

    1. Anwar, Sajid & Sun, Sizhong, 2012. "Trade liberalisation, market competition and wage inequality in China's manufacturing sector," Economic Modelling, Elsevier, vol. 29(4), pages 1268-1277.
    2. Erbiao Dai, 2016. "China’s inclusive development strategy and its effect on regional disparity," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 14(3), pages 263-278, July.

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