Abstract
The Great Chinese Inequality Turnaround
Highlights
Alongside the spectacular growth and extraordinary reductions in poverty, perhaps the most dramatic in human history, the evolution of Chinese income inequality since the start of the reform process in 1978 has been a focus of interest among analysts and policy makers
With changes in the economic structure and new policy tools introduced in recent years, a revisit of Chinese inequality should give us the latest information about its evolution and the impacts of these economic and policy changes on income distribution
Household-level data are from two surveys, the Chinese Household Income Project (CHIP) and the China Family Panel Studies (CFPS)
Summary
Alongside the spectacular growth and extraordinary reductions in poverty, perhaps the most dramatic in human history, the evolution of Chinese income inequality since the start of the reform process in 1978 has been a focus of interest among analysts and policy makers. Household-level data are from two surveys, the Chinese Household Income Project (CHIP) and the China Family Panel Studies (CFPS). While the public RUMiC data are based on a different questionnaire from previous waves of CHIP and have no income component details, CHIP 2007 has a restricted nationally representative NBS sample dataset that is consistent with the previous waves. There should be no systematic distortion on the aggregate level, as there is no cutoff year in which the statistical approach changed for all This is the data base for our assessment of Chinese inequality trends over the last 20 years. We proceed to a description of the overall trends and the decomposition patterns in the data
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