Distribution of individual incomes in China between 1992 and 2009
This paper presents comprehensive analysis of the evolution of the distribution of individual annual incomes across the majority of the population in China from 1992–2009. The cumulative distribution functions (CDFs) and probability density functions (PDFs) are presented. Overall, the CDFs follow the Gaussian function C(x)=Ae−(x−μ)22σ2 for the majority of individuals in the population, while the PDFs obey the function P(x)=B(x−μ)e−(x−μ)22σ2. The width of the PDF has widened from 1992 to 2009, suggesting the factor (x−μ) has been progressively skewing the curve to the right. This long tail representing the high income range is reminiscent of an exponential distribution curve. This indicates that a few individuals obtain extremely high incomes, leading to increasing levels of financial inequality in China.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 391 (2012)
Issue (Month): 21 ()
|Contact details of provider:|| Web page: http://www.journals.elsevier.com/physica-a-statistical-mechpplications/|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Drăgulescu, Adrian & Yakovenko, Victor M., 2001. "Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 299(1), pages 213-221.
- Claudio Quintano & Antonella D'Agostino, 2006. "Studying Inequality In Income Distribution Of Single-Person Households In Four Developed Countries," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 52(4), pages 525-546, December.
- Fujiwara, Yoshi & Souma, Wataru & Aoyama, Hideaki & Kaizoji, Taisei & Aoki, Masanao, 2003.
"Growth and fluctuations of personal income,"
Physica A: Statistical Mechanics and its Applications,
Elsevier, vol. 321(3), pages 598-604.
- N. J. Moura & M. B. Ribeiro, 2009.
"Evidence for the Gompertz curve in the income distribution of Brazil 1978–2005,"
The European Physical Journal B: Condensed Matter and Complex Systems,
Springer;EDP Sciences, vol. 67(1), pages 101-120, January.
- Newton J. Moura Jr. & Marcelo B. Ribeiro, 2008. "Evidence for the Gompertz Curve in the Income Distribution of Brazil 1978-2005," Papers 0812.2664, arXiv.org.
- Aoyama, Hideaki & Souma, Wataru & Fujiwara, Yoshi, 2003. "Growth and fluctuations of personal and company's income," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 324(1), pages 352-358.
- Adrian Dragulescu & Victor M. Yakovenko, 2001. "Exponential and power-law probability distributions of wealth and income in the United Kingdom and the United States," Papers cond-mat/0103544, arXiv.org, revised Mar 2001.
- Clementi, F. & Di Matteo, T. & Gallegati, M., 2006.
"The power-law tail exponent of income distributions,"
Physica A: Statistical Mechanics and its Applications,
Elsevier, vol. 370(1), pages 49-53.
- F. Clementi & T. Di Matteo & M. Gallegati, 2006. "The Power-law Tail Exponent of Income Distributions," Papers physics/0603061, arXiv.org.
- Anand Banerjee & Victor M. Yakovenko & T. Di Matteo, 2006. "A study of the personal income distribution in Australia," Papers physics/0601176, arXiv.org.
- F. Clementi & M. Gallegati, 2004.
"Power Law Tails in the Italian Personal Income Distribution,"
- Clementi, F. & Gallegati, M., 2005. "Power law tails in the Italian personal income distribution," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 350(2), pages 427-438.
- Fabio Clementi & Mauro Gallegati, 2005. "Power Law Tails in the Italian Personal Income Distribution," Microeconomics 0505005, EconWPA.
- Banerjee, Anand & Yakovenko, Victor M. & Di Matteo, T., 2006. "A study of the personal income distribution in Australia," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 370(1), pages 54-59.
- Sitabhra Sinha, 2005.
"Evidence for Power-law tail of the Wealth Distribution in India,"
- Sinha, Sitabhra, 2006. "Evidence for power-law tail of the wealth distribution in India," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 359(C), pages 555-562.
- Alan Harrison, 1981. "Earnings by Size: A Tale of Two Distributions," Review of Economic Studies, Oxford University Press, vol. 48(4), pages 621-631.
- Repetowicz, Przemysław & Hutzler, Stefan & Richmond, Peter, 2005. "Dynamics of money and income distributions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 356(2), pages 641-654.
- Hideaki Aoyama & Yuichi Nagahara & Mitsuhiro P. Okazaki & Wataru Souma & Hideki Takayasu & Misako Takayasu, 2000. "Pareto's Law for Income of Individuals and Debt of Bankrupt Companies," Papers cond-mat/0006038, arXiv.org.
When requesting a correction, please mention this item's handle: RePEc:eee:phsmap:v:391:y:2012:i:21:p:5139-5145. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If references are entirely missing, you can add them using this form.