The Great Chinese Inequality Turnaround

30 Pages Posted: 16 Mar 2017

See all articles by Ravi Kanbur

Ravi Kanbur

Cornell University; Centre for Economic Policy Research (CEPR); IZA Institute of Labor Economics

Yue Wang

Cornell University, Department of Economics, Students

Xiaobo Zhang

International Food Policy Research Institute (IFPRI)

Multiple version iconThere are 4 versions of this paper

Date Written: March 2017

Abstract

This paper argues that after a quarter century of sharp and sustained increase, Chinese inequality is now plateauing and even turning down. The argument is made using a range of data sources and a range of measures and perspectives on inequality. The evolution of inequality is further examined through decomposition by income source and population subgroups. Preliminary explanations are provided for these trends in terms of shifts in policy and structural transformation of the Chinese economy. The narrative on Chinese inequality now needs to focus on the reasons for this great turnaround.

Keywords: Chinese Inequality Turnaround, Harmonious Development and Government Policy, Inequality and Structural Transformation, Inequality Data, Inequality Trends

JEL Classification: D31, D63, O15, O53

Suggested Citation

Kanbur, Ravi and Wang, Yue and Zhang, Xiaobo, The Great Chinese Inequality Turnaround (March 2017). CEPR Discussion Paper No. DP11892. Available at SSRN: https://ssrn.com/abstract=2934204

Ravi Kanbur (Contact Author)

Cornell University ( email )

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HOME PAGE: http://www.kanbur.dyson.cornell.edu

Centre for Economic Policy Research (CEPR)

London
United Kingdom

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Yue Wang

Cornell University, Department of Economics, Students ( email )

Ithaca, NY
United States

Xiaobo Zhang

International Food Policy Research Institute (IFPRI) ( email )

2033 K Street, NW
Washington, DC 20006
United States
202-862-5677 (Phone)
202-467-4439 (Fax)

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