The choice of an appropriate social discount rate for cost–benefit analysis of public projects has long been a contentious issue and subject to intense debate among economists. This debate has gained new impetus from the recent discussions on the economics of climate change. The purpose of...

This paper examines the relationship between economic growth and environmental sustainability in the People's Republic of China by empirically estimating environmental Kuznets curve (EKC) models using provincial-level panel data from 1985 to 2005. The results show that there exists an inverted-U...

This paper estimates income inequality in the People's Republic of China at the national, regional, and provincial levels using extrapolated unit-level household income data covering urban and rural populations of 23 provinces during 1990–2004. The estimates indicate that income inequality...

This overview introduces the background of the study "Inclusive Growth toward a Harmonious Society in the People's Republic of China (PRC)", under which all the papers in this special volume were prepared. It summarizes key findings of these papers as grouped into three parts: (i) Inclusive...

This paper examines the relationship between economic growth and environmental sustainability in China by empirically estimating the Environmental Kuznets Curve (EKC) models using provincial-level panel data from 1985 to 2005. The results show that there exists an inverted-U shape relationship...

This paper identifies inadequate effort to use market-based approaches, among others, as a reason for limited progress in arresting continuing environmental degradation in the Asia and Pacific region. Quoting examples, the paper asserts that markets can be created for ecosystem protection and...