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Economic Growth, Economic Reform anf Rising Inequality in China

Author

Listed:
  • Knight, J.
  • Song, L.

Abstract

The paper analyses two cross-section national household surveys, relating to the years 1988 and 1995, to explain the rise in inequality of income that occured in Chine over those seven years. The Gini coefficient of household income per capita increased from 38 to 45 per cent, i.e. by 1,0 percentage points per annum. Owing to the sharp institutional and economic devide betweeen rural and urban China, the rural and urban samples are analysed separately. The two main explanations for the rise in inequality are economic growth and economic transition.

Suggested Citation

  • Knight, J. & Song, L., 1999. "Economic Growth, Economic Reform anf Rising Inequality in China," Economics Series Working Papers 99210, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:wpaper:99210
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    Citations

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    Cited by:

    1. Lili Kang & Fei Peng, 2018. "Economic Reform and Productivity Convergence in China," Arthaniti: Journal of Economic Theory and Practice, , vol. 17(1), pages 50-82, June.
    2. Uchimura, Hiroko, 2005. "Influence of Social Institutions on Inequality in China," IDE Discussion Papers 26, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    3. Bishop, John A. & Chiou, Jong-Rong, 2004. "Economic transformation and earnings inequality in China and Taiwan," Journal of Asian Economics, Elsevier, vol. 15(3), pages 549-562, June.

    More about this item

    Keywords

    ECONOMIC GROWTH ; INCOME ; INEQUALITY ; CHINA;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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