This paper compares the sources of income inequality in Japan and the United States. We exploit two longitudinal household surveys to decompose the income inequality in both countries. For Japan, we use Keio Household Panel Survey data and the five latest waves (2009-2013). For the United...

Changes in the labor share of national income affect inequality (Piketty 2014). This paper aims at investigating the relationship between the labor share and technical progress, based on provincial data of the People's Republic of China (PRC) from 1978 to 2012. Our main empirical results show...

This study examines the macroeconomic determinants of income inequality using dynamic panel data analysis. Specifically, the study employs dynamic panel data analysis based on the generalized method of moments over 1990–2013 across 33 Asian countries. The World Bank data series was widely used...

This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the sources of institutional trajectories of economic development in China, Japan, and Korea. It stylizes the Malthusian-phase of East Asian economies as peasant-based economies in which...

Based on the variable rate of gross domestic product per capita growth and its sources, this paper first identifies five phases of economic development that are common to China, Japan, and Korea: M (Malthusian), G (government-led), K (à la Kuznets), H (human capital based) and PD (post...

This report summarizes the characteristics of migration in the People's Republic of China (PRC) after its reforms and opening up. Rapid urbanization in the PRC has resulted from recent decades of intense rural-urban migration. The scale of migration increased rapidly and long-term migration is...

Relying on the present literature, official statistics, and household survey data in the People's Republic of China, this paper summarizes research findings on the relationship between urbanization, urban-rural inequality, and poverty, and provides further empirical evidence on the role of...

The relationship between human capital development and urbanization in the People's Republic of China (PRC) is explored, highlighting the institutional factors of the hukou system and decentralized fiscal system. Educated workers disproportionately reside in urban areas and in large cities, and...

The emergence of the People's Republic of China (PRC) as a great economic power has stimulated an epochal shift in patterns of world trade, accompanied by a remarkable level of internal migration within the country. Hundreds of millions of Chinese workers have moved from inland areas to coastal...