This study explores the relationship between inequality and structural transformation by constructing a theoretical model, developing analytical frameworks, and implementing a case study. The general equilibrium model we develop demonstrates that inequality exhibits an inverted U shape as...

This study explores the relationship between inequality and structural transformation by constructing a theoretical model, developing analytical frameworks, and implementing a case study. The general equilibrium model we develop demonstrates that inequality exhibits an inverted U shape as...

A new method is proposed to decompose inequality changes as measured by the Gini index1 into structural effects, real inequality effects and interactive effects. Application the method to updated Chinese data reveals that structural effects represent the driving force underlying the increasing...

The aims of this paper are to propose an econometric model for studying consumption convergence, to apply the model to a set of panel data from China, and to discuss various implications of research results. Major findings of the paper include (a) conditional convergence is confirmed for total...