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This paper aims to study the impacts of financial development, urbanization, and globalization on income inequality in the People's Republic of China. It applies the regression-based inequality decomposition approach on a panel dataset, which is aggregated from a unique database of financial...
Persistent link: https://www.econbiz.de/10011688674
Persistent link: https://www.econbiz.de/10012190676
Empirical studies suggest that globalization (FDI and international trade) has been greatly affected by the COVID-19 and related anti-pandemic measures imposed by governments worldwide. This paper investigates the impact of globalization on intra-provincial income inequality in China and the...
Persistent link: https://www.econbiz.de/10013312322
Most of the earlier studies on the convergence of income in China are based on provincial level data with a few papers focusing on intra-provincial units’ transitional dynamics. The objective of this study is to fill the void in the literature by using county-level data which cover 1485...
Persistent link: https://www.econbiz.de/10010729533
This paper aims to study the impacts of financial development, urbanization, and globalization on income inequality in the People's Republic of China. It applies the regression-based inequality decomposition approach on a panel dataset, which is aggregated from a unique database of financial...
Persistent link: https://www.econbiz.de/10012950133
China has achieved unprecedented success in economic growth since the initiation of economic reforms. The high growth could partly be attributed to the successes in structural transformation of the economy and industrial upgrading of the manufacturing sector toward high value-added products....
Persistent link: https://www.econbiz.de/10011118153
This paper presents the inequality measures for different spatial groupings in China from 1997 to 2007. The intra-provincial inequality within each province, that is, the inequality amongst the county-level units within each province, is derived. It is found that the levels of inequality in the...
Persistent link: https://www.econbiz.de/10010904886
China’s net saving abroad has been slowing and will slow further as its households consume more, its corporations save less and its central and provincial governments continue in combined deficit. These changes are associated with weaker global economic performance but, importantly, they stem...
Persistent link: https://www.econbiz.de/10011203437
This paper reviews the history of the development of the Chinese stock market, analyses the market scale and structure, and sheds light on the prospects of the market. The development of the stock market can be classified into four stages, namely, the early stage of stock market development...
Persistent link: https://www.econbiz.de/10010933629
This paper examines the relation between trading volume and stock returns for two Chinese A-share markets and ten individual stocks in the energy sector. We also investigate the effects of exogenous government policies on the relation between trading volume and stock return. Using daily data...
Persistent link: https://www.econbiz.de/10010933631