Abstract
The Chinese economy has experienced impressive growth over the last two decades. However, this rapid growth has been accompanied by remarkable increases in inequality. According to the World Bank (1997), China’s Gini coefficient rose from 0.288 in 1981 to 0.388 in 1995. Similarly, the Chinese official statistics indicate that the Gini coefficient rose from 0.330 in 1980 to 0.458 in 2000 (Chang 2002). More recently, Ravallion and Chen (2007) find that, after adjusting for difference in the cost-of-living between urban and rural China, the Gini coefficient for China as a whole climbed up from 0.280 in 1981 to 0.394 in 2001.
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Liang, Z. (2008). Financial Development and Income Inequality in Rural China 1991–2000. In: Wan, G. (eds) Understanding Inequality and Poverty in China. Studies in Development Economics and Policy. Palgrave Macmillan, London. https://doi.org/10.1057/9780230584259_3
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DOI: https://doi.org/10.1057/9780230584259_3
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