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Fleshing Out the Olive? On Income Polarization in China
Martin Ravallion & Shaohua Chen 2021-10-19
In a rare example of an explicit national goal for income distribution besides reducing poverty, China’s leadership has recently committed to expanding the middle-income share―moving to a less polarized “olive-shaped” distribution. Recognizing the potential trade-offs, the paper asks whether China’s experience indicates that income-polarization was a by-product of past economic progress, including poverty reduction. The paper does not find robust time-series evidence of polarizing effects alongside either economic growth or population urbanization (including among those below the national median). There was strong co-movement between polarization and inequality. Larger urban-rural gaps in mean incomes are strongly polarizing in China.
이전글 | 离岸金融税收安排的国际经验和中国探索 | 2021-10-19 |
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다음글 | 최근 중국의 전력난과 위험요인 점검 | 2021-10-18 |