Ravallion, Martin; Chen, Shaohua - National Bureau of Economic Research - 2021
The path of income inequality in post-reform China has been widely interpreted as "China's Kuznets curve." We show that … the Kuznets growth model of structural transformation in a dual economy, alongside population urbanization, has little … agrarian policy reforms. Our findings warn against any presumption that the Kuznets process will assure that China has passed …