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来源类型Working Paper
规范类型报告
DOI10.3386/w29199
来源IDWorking Paper 29199
Is that Really a Kuznets Curve? Turning Points for Income Inequality in China
Martin Ravallion; Shaohua Chen
发表日期2021-08-30
出版年2021
语种英语
摘要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 explanatory power for our new series of inequality measures back to 1981. Our simulations tracking the partial “Kuznets derivative” of inequality with respect to urban population share yield virtually no Kuznets curve. More plausible explanations for the inequality turning points relate to determinants of the gap between urban and rural mean incomes, including multiple agrarian policy reforms. Our findings warn against any presumption that the Kuznets process will assure that China has passed its time of rising inequality. More generally, our findings cast doubt on past arguments that economic growth through structural transformation in poor countries is necessarily inequality increasing, or that a turning point will eventually be reached after which that growth will be inequality decreasing.
主题Microeconomics ; Market Structure and Distribution ; Health, Education, and Welfare ; Poverty and Wellbeing ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w29199
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586872
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Martin Ravallion,Shaohua Chen. Is that Really a Kuznets Curve? Turning Points for Income Inequality in China. 2021.
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