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The Evaluation of Shared Prosperity: A Case from China

Author

Listed:
  • Xiufeng Xing

    (Department of Economics, Qingdao University of Technology, Qingdao 266520, China)

  • Yu Wang

    (Department of Economics, Qingdao University of Technology, Qingdao 266520, China)

Abstract

This research investigates the disparities, trends and spillovers of shared prosperity for all in China during the period of 2012–2021. Taking a representative region consisting of 18 urban and rural areas as a case study, using 10 indicators such as economic development, population density and education level, along with the spatial lag model, we explore the impact of social and economic factors on common prosperity as well as the associated spillovers. Results revealed that there existed huge regional disparities in common prosperity in the short term, namely the unbalanced level of prosperity across China’s mainland, while in the long term, the common prosperity level appears to be gradually enhanced with the convergence of income ratio lines. Meanwhile, common prosperity is spatially correlated with each other, with the spatial distribution features of high–high and low–low agglomerations. Based on the model analysis, there are mixed spillovers in the evolution of common prosperity: factors like education level and population density have positive spillovers while the rest of the factors have negative spillovers. To recap, population density and education level can significantly abridge the disparities in urban and rural areas.

Suggested Citation

  • Xiufeng Xing & Yu Wang, 2025. "The Evaluation of Shared Prosperity: A Case from China," Sustainability, MDPI, vol. 17(2), pages 1-20, January.
    • Handle: RePEc:gam:jsusta:v:17:y:2025:i:2:p:621-:d:1567257
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    References listed on IDEAS

    as
    1. Nanak Kakwani & Xiaobing Wang & Ning Xue & Peng Zhan, 2022. "Growth and Common Prosperity in China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 30(1), pages 28-57, January.
    2. Sergio Luis Náñez Alonso & Javier Jorge-Vazquez & Lieslie Gallegos Arias & Noelia Muñoz del Nogal, 2024. "What Factors Are Limiting Financial Inclusion and Development in Peru? Empirical Evidence," Economies, MDPI, vol. 12(4), pages 1-22, April.
    3. Meer Jan & Amdadullah Baloch & Abdullah Abdulaziz Bawazir & Abdul Qayyum & Mahfoudh Hussein Mgammal, 2024. "Innovation and Path to Inclusiveness in Developing Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 14(5), pages 330-337, September.
    4. Shiyun Li, 2023. "Understanding China’s road to common prosperity: background, definition and path," China Economic Journal, Taylor & Francis Journals, vol. 16(1), pages 1-13, January.
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