Income Inequality In China Causes And Policy Responses
The phenomenal economic growth in china has been accompanied by a rapid increase in income inequality.
Income inequality in china causes and policy responses. Causes and policy responses china economic journal vol. This paper reviews the historical trends and patterns of income inequality in china discusses the potential causes underlying rising income inequality and applies the functional distribution of income approach in understanding china s income. The phenomenal economic growth in china has been accompanied by a rapid increase in income inequality. This finding prompts us to rethink about the causes of china s income inequality and to formulate appropriate policies based on the new way of understanding this pressing issue of income distribution in china.
Yixiao zhou ligang song 2016 income inequality in china. Causes and policy responses. The phenomenal economic growth in china has been accompanied by a rapid increase in income inequality. While the increase in income inequality has been well recognized.
The phenomenal economic growth in china has been accompanied by a rapid increase in income inequality. Analyzing comparable survey data collected in 2010 in china and the united states we examine social determinants that help explain china s high income inequality. Using multiple data sources we establish that china s income inequality since 2005 has reached very high levels with the gini coefficient in the range of 0 53 0 55. First since 1986 we.
Income inequality in china. Causes and policy responses citation zhou y song l 2016 income inequality in china. Causes and policy responses. Income inequality functional distribution of income.
This paper reviews the historical trends and patterns of income. Wojciech kopczuk focused on the notion that policy responses to growing wealth inequality including taxation policy require an understanding of the underlying causes of inequality. To cite this article. China economic journal.
Income inequality in china. This paper reviews the historical trends and patterns of income inequality in china discusses the potential causes underlying rising income inequality and applies the functional distribution of income approach in understanding china s income inequality. Income inequality in china. To this end the composition of top wealth has been changing over time.
Causes and policy responses china economic journal 9 2 186 208 doi. Yixiao zhou and ligang song. Income inequality in china.