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Author: Kanbur, Ravi
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 32
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Book Description
The high level of inequality in China has been a focus of interest for policy makers and researchers. However, few studies have evaluated the trend since 2010. With changes in the economic structure and new policy tools introduced in recent years, a revisit of Chinese inequality should give us the latest information about its evolution and the impacts of these economic and policy changes on income distribution. This paper argues that after a quarter century of sharp and sustained increase, Chinese inequality is now plateauing and even turning down. The argument is made using a range of data sources and a range of measures and perspectives on inequality. The evolution of inequality is further examined through decomposition by income source and population subgroup. Some preliminary explanations are provided for these trends in terms of shifts in policy and the structural transformation of the Chinese economy. The narrative on Chinese inequality now needs to focus on the reasons for this great turnaround.
Author: Kanbur, Ravi
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 32
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Book Description
The high level of inequality in China has been a focus of interest for policy makers and researchers. However, few studies have evaluated the trend since 2010. With changes in the economic structure and new policy tools introduced in recent years, a revisit of Chinese inequality should give us the latest information about its evolution and the impacts of these economic and policy changes on income distribution. This paper argues that after a quarter century of sharp and sustained increase, Chinese inequality is now plateauing and even turning down. The argument is made using a range of data sources and a range of measures and perspectives on inequality. The evolution of inequality is further examined through decomposition by income source and population subgroup. Some preliminary explanations are provided for these trends in terms of shifts in policy and the structural transformation of the Chinese economy. The narrative on Chinese inequality now needs to focus on the reasons for this great turnaround.
Author: Yue Wang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This dissertations consists three essays on development issues in contemporary China. Two essays focus on the role of e-commerce in China's economic development and the third essay studies the latest trend of Chinese inequality. China has been the world's largest e-commerce market since 2013. E-commerce development in China has been fast but uneven with the rural and inland markets relatively left behind compared with city and coastal markets. Since 2014, the Chinese government has been supporting major e-commerce development in rural and remote areas. Chapter One studies the effect of the national-wide rural e-commerce program on rural residents' labor market outcomes. One likely consequence of the expansion of e-commerce is saving in time cost of shopping for people in remote villages. This paper analyzes the impact of this time saving on labor supply of men and women in rural China. I first uncover the heterogeneity of response in e-commerce use to the government program with a machine learning approach. Then to investigate the causal effect of e-commerce expansion, I exploit an interaction IV strategy making use of the roll-out time of the government program and heterogeneous response of online shopping to the program across distance and age structure, as supported by findings from the machine learning approach. My estimates suggest that e-commerce expansion increases weekly labor supply by 7 hours and the probability of working in the wage sector by 14 percentage points by relaxing the time budget constraint. The result is significant for both men and women, but in a gender differentiated manner. It shifts labor away from self-employed agriculture to the wage sector for men, and from working inside the home to outside the home for women. Chapter Two studies how local e-commerce development affect household consumption growth and its structure. By matching a nationally representative China Family Panel Studies survey with county-level e-commerce information obtained from Alibaba, this chapter examines how e-commerce development has shaped household consumption growth in China. The paper presents three major findings. First, e-commerce development is associated with higher consumption growth. Second, the relationship is stronger for the rural sample, inland regions, and poor households, suggesting that e-commerce development helps reduce spatial inequality in consumption. Third, the consumption of in-style goods and high-income elasticity goods has grown faster than the consumption of local services. Chapter Three investigates the long-term evolution and latest trend of Chinese inequality. The chapter argues that after a quarter century of sharp and sustained increase, Chinese inequality is now plateauing and, according to some measures, even declining. A number of papers have been harbingers of this conclusion, but this paper consolidates the literature indicating a turnaround, and provides empirical foundations for it. The argument is made using a range of data sources and a range of measures and perspectives on inequality. The evolution of inequality is further examined through decomposition by income source and population subgroup. Some preliminary explanations are provided for these trends in terms of shifts in policy and the structural transformation of the Chinese economy. We relate the turnaround to two classic phenomena in the development economics literature-the Lewis turning point and the Kuznets turning point. The plateauing is not yet a full blown decline, and there are short term variations. But the narrative on Chinese inequality now needs to accommodate the possibility of a turnaround in inequality, and to focus on the reasons for this turnaround.
Author: Shi Li
Publisher: Cambridge University Press
ISBN: 1107002915
Category : Business & Economics
Languages : en
Pages : 531
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Book Description
This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).
Author: Ms.Sonali Jain-Chandra
Publisher: International Monetary Fund
ISBN: 1484357531
Category : Business & Economics
Languages : en
Pages : 31
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Book Description
China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the world. This trend has started to reverse as China has experienced a modest decline in inequality since 2008. This paper identifies various drivers behind these trends – including structural changes such as urbanization and aging and, more recently, policy initiatives to combat it. It finds that policies will need to play an important role in curbing inequality in the future, as projected structural trends will put further strain on equity considerations. In particular, fiscal policy reforms have the potential to enhance inclusiveness and equity, both on the tax and expenditure side.
Author: Facundo Alvaredo
Publisher: Belknap Press
ISBN: 0674984552
Category : Business & Economics
Languages : en
Pages : 345
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Book Description
World Inequality Report 2018 is the most authoritative and up-to-date account of global trends in inequality. Researched, compiled, and written by a team of the world's leading economists of inequality, it presents--with unrivaled clarity and depth--information and analysis that will be vital to policy makers and scholars everywhere. Inequality has taken center stage in public debate as the wealthiest people in most parts of the world have seen their share of the economy soar relative to that of others, many of whom, especially in the West, have experienced stagnation. The resulting political and social pressures have posed harsh new challenges for governments and created a pressing demand for reliable data. The World Inequality Lab at the Paris School of Economics and the University of California, Berkeley, has answered this call by coordinating research into the latest trends in the accumulation and distribution of income and wealth on every continent. This inaugural report analyzes the Lab's findings, which include data from major countries where information has traditionally been difficult to acquire, such as China, India, and Brazil. Among nations, inequality has been decreasing as traditionally poor countries' economies have caught up with the West. The report shows, however, that inequality has been steadily deepening within almost every nation, though national trajectories vary, suggesting the importance of institutional and policy frameworks in shaping inequality. World Inequality Report 2018 will be a key document for anyone concerned about one of the most imperative and contentious subjects in contemporary politics and economics.
Author: Lucas Chancel
Publisher: Harvard University Press
ISBN: 0674273567
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
World Inequality Report 2022 is the most authoritative and comprehensive account of global trends in inequality, providing cutting-edge information about income and wealth inequality and also pioneering data about the history of inequality, gender inequality, environmental inequalities, and trends in international tax reform and redistribution.
Author: Ross Garnaut
Publisher: ANU E Press
ISBN: 192214455X
Category : Political Science
Languages : en
Pages : 500
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Book Description
Twenty-five years of reform have transformed China from a centrally planned and closed system to a predominantly market-driven and open economy. As a consequence, China is emerging as the new powerhouse for the world economy. China: new engine for world growth discusses the impact and significance of this transformation. It points out risks to the growth process and unfinished tasks of reform. It presents conclusions from recent research on growth, trade and investment, the financial sector, income and regional disparities, industrial location and private sector development.
Author: Felix Haifeng Liao
Publisher: Routledge
ISBN: 135166977X
Category : Business & Economics
Languages : en
Pages : 286
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Book Description
This book investigates uneven regional development in China – with particular focus on the cases of Guangdong and Zheijiang provinces – which have been at the forefront of debate since Chinese economic reform. Rapid economic growth since the ‘opening-up’ of China has been accompanied by significant disparities in the regional distribution of income: this book represents one of the most recent studies to present a picture of this inequality. Built upon a multi-scale and multi-mechanism framework, it provides systematic examination of both the patterns and mechanisms of regional development and inequality in provincial China, emphasizing the effects of economic transition. Approaching from a geographical perspective, its authors consider the interplay between the local, the state, and the global forces in shaping the landscape of regional inequality in China. Extensive empirical findings will prove useful to those researching other developing countries within the frontier of globalization and economic transition. Regional Inequality in Transitional China will appeal to scholars and students of geography, economics and Chinese studies more broadly.
Author:
Publisher: BRILL
ISBN: 900440046X
Category : Education
Languages : en
Pages : 522
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Book Description
In this field-defining work edited by educational theorist and political organizer Derek R. Ford, emerging and leading activists, organizers, and scholars assemble a collective body of concepts to interrogate, provoke, and mobilize contemporary political, economic, and social struggles.
Author: Peng Liu
Publisher: Springer Nature
ISBN: 9813362723
Category : Education
Languages : en
Pages : 141
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Book Description
This book provides a holistic picture of how Chinese turnaround schools have been remarkably improved over the years and to arouse further discussion in this regard. It contributes to the understanding of school improvement from a Chinese cultural perspective, solidifies the knowledge basis of school change theories, and expands the understanding of educational administration and policies in China.
