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"Prevailing measures of relative poverty put an implausibly high weight on relative deprivation, such that measured poverty does not fall when all incomes grow at the same rate. This stems from the (implicit) assumption in past measures that very poor people incur a negligible cost of social...
Persistent link: https://www.econbiz.de/10011394138
While the incidence of extreme poverty in China fell dramatically over 1980–2001, progress was uneven over time and across provinces. Rural areas accounted for the bulk of the gains to the poor, though migration to urban areas helped. The pattern of growth mattered. Rural economic growth was...
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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...
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"Prevailing measures of relative poverty put an implausibly high weight on relative deprivation, such that measured poverty does not fall when all incomes grow at the same rate. This stems from the (implicit) assumption in past measures that very poor people incur a negligible cost of social...
Persistent link: https://www.econbiz.de/10003821108
Persistent link: https://www.econbiz.de/10003862473
New tools allow one to study the incidence of economic growth by initial level of income, and to measure the rate of pro-poor growth in an economy. An application is provided using data for China in the 1990s
Persistent link: https://www.econbiz.de/10010523969