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Two interesting results are obtained from CASS national household surveys of 1988 and 1995. First, there was a tendency for intra-provincial inequality in both earnings per worker and household income per capita not only to rise in each province but also to converge across provinces. Second,...
Persistent link: https://www.econbiz.de/10005047757
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...
Persistent link: https://www.econbiz.de/10005047779
Increasing wage inequality is a feature of many economies in recent years, and the same is true of China. Whereas in most countries it is normally interpreted as a move from one market equilibrium to another, in China it is more likely to reflect a move away from extreme disequilibirum. Two...
Persistent link: https://www.econbiz.de/10005047812