Navigating the Landscape of Chinese Inequality: Empirical Findings on Income and Wealth, 2011-2019

Authors

  • Tianyi Qiu Shanghai Arete Bilingual School
  • Shilong Sun

DOI:

https://doi.org/10.47611/jsrhs.v13i1.6302

Keywords:

Income inequality, Wealth inequality, China

Abstract

This paper gives a comprehensive analysis of income and wealth inequality in China during its recent remarkable economic transformation. Using comprehensive data from the China Household Finance Survey (CHFS) between 2011 and 2019, I present the first empirical study on income and wealth inequality in urban and rural China. The results indicate a steady rise in income inequality over time, resulting in persistent wealth inequality. These findings shed light on policies that aim at reducing economic inequality.

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References or Bibliography

Cai, H., Chen, Y., & Zhou, L. A. Income and consumption inequality in urban China: 1992–2003. Economic Development and Cultural Change, 58(3), 385-413, (2010).

Ding, H., & He, H. A tale of transition: An empirical analysis of economic inequality in urban China, 1986–2009. Review of Economic Dynamics, 29, 106-137, (2018).

Piketty, T., Yang, L., & Zucman, G. Capital accumulation, private property, and rising inequality in China, 1978–2015. American Economic Review, 109(7), 2469-2496, (2019)

Santaeulalia-Llopis, R., & Zheng, Y. The price of growth: consumption insurance in China 1989–2009. American Economic Journal: Macroeconomics, 10(4), 1-35, (2018).

Blundell, Richard, Luigi Pistaferri, and Ian Preston. Consumption Inequality and Partial Insurance. American Economic Review, 98 (5): 1887-1921, (2008).

Published

02-28-2024

How to Cite

Qiu, T., & Sun, S. (2024). Navigating the Landscape of Chinese Inequality: Empirical Findings on Income and Wealth, 2011-2019. Journal of Student Research, 13(1). https://doi.org/10.47611/jsrhs.v13i1.6302

Issue

Section

HS Research Articles