Why Doesn't the Kuznets Curve on Income Distribution Hold in Ancient China?
We find robust evidence that in ancient China that consists of many consecutive dynasties, within each dynasty, the inequality demonstrates a "U" shape (or a "spoon" shape to be more precise). Therefore, as inequality hits an upper bound, war happens and a new dynasty replaces the old one. The cycle repeats itself. A simple explanation has been offered. Policy implications have also been presented.
|Date of creation:||Nov 2013|
|Contact details of provider:|| Web page: http://cema.cufe.edu.cn/|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:cuf:wpaper:576. 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: (Qiang Gao)
If references are entirely missing, you can add them using this form.