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Persistent link: https://www.econbiz.de/10011401146
Purpose – Using official and household survey data, the purpose of this paper is to analyze the size of middle class in rural China, its trend and geographical distribution. Determinants or drivers of changes in the size of middle class are explored. Design/methodology/approach – An absolute...
Persistent link: https://www.econbiz.de/10014689645
Purpose – Using official and household survey data, the purpose of this paper is to analyze the size of middle class in rural China, its trend and geographical distribution. Determinants or drivers of changes in the size of middle class are explored. Design/methodology/approach – An absolute...
Persistent link: https://www.econbiz.de/10010551065
Annual income data may provide a misleading indicator of enduring income inequality in societies where there is considerable year-to-year income mobility. Using two rounds of data on households, the paper measures income mobility in the People’s Republic of China (PRC) between the early 1990s...
Persistent link: https://www.econbiz.de/10014193476
China has experienced rapid economic growth over the past two decades and is on the brink of eradicating poverty. However, income inequality increased sharply from the early 1980s and rendered China among the most unequal countries in the world. This trend has started to reverse as China has...
Persistent link: https://www.econbiz.de/10012913934
Using $2–$20 (purchasing power parity) per capita daily income as the definition of middle class, majority of households in the People's Republic of China (PRC) have become middle class by 2007, which is especially impressive given that around 40% of households were still considered poor in...
Persistent link: https://www.econbiz.de/10013127301
Persistent link: https://www.econbiz.de/10003979008
Persistent link: https://www.econbiz.de/10009548124
Though much has been written about annual income inequality in China, little research has been conducted on longer run measures of income inequality and on income mobility. This paper compares income mobility of urban individuals in China and the United States in the 1990s. The following...
Persistent link: https://www.econbiz.de/10003289890
In most developing countries, income inequality tends to worsen during initial stages of growth, especially in urban areas. The People's Republic of China (PRC) provides a sharp contrast where income inequality among urban households is lower than that among rural households. In terms of...
Persistent link: https://www.econbiz.de/10003798263