From Enjoying to Sharing：Research on the Multidimensional Sharing Pattern of Development Achievements Based on Household Income Data from CFPS

Abstract

In order to effectively promote the benefits of development achievements to all people, it is urgent to have an understanding of the sharing situation and evolution process of development achievements in China. But the existing research is mainly confined to theoretical discussions, and there is little comprehensive quantitative analysis of shared problems. Moreover, most of these studies regard economic growth results as the main characteristics of development achievements. In fact, economic growth is only one aspect of the development. In the course of the reform and development, the results of all aspects of economics will be aggregated in the form of flow and stock through income and wealth, and the results can be shared in an all-round way under the influence of macro adjustment. In addition, the existing research only aims at the enjoying level of a particular income group, and does not analyze the sharing state of different subjects in depth based on a unified framework.Therefore, based on the theory of “from enjoying to sharing”, this paper builds an analytical framework of multidimensional sharing pattern characterized by resident income. For the above, we compile a measurement index that considers development inclusiveness and can be measured by income sources, and fit the multiparameter income distribution to identify high- and low-income groups as the basis for describing the pattern of sharing in China and the impact of different income dimensions on sharing. Also, we put forward several policy suggestions on how to achieve comprehensive and long-term sharing through adjusting the distribution system, pattern and structure.We use household data from the China Family Panel Studies（CFPS）to make an empirical analysis. It is found that in recent years, the situation of sharing in China is more optimistic. Asset income and transfer income have a greater role in promoting the achievements sharing among different income groups, while wage income only has a greater contribution to the achievements enjoying among different income groups. Asset income and transfer income have a greater role in promoting the sharing of development achievements, while wage income only has a greater contribution to the enjoying of development achievements within each income group. Therefore, moderately increasing the proportion of non-wage income is conducive to reducing the inequality of sharing; balancing the structural relationship between wage income and asset income and expanding the scope of income distribution, can comprehensively promote sharing. Our conclusions imply that the government should continue to improve the system of income distribution and adjust the structure of income sources, so as to create conditions for further sharing.