Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Business and Policy Studies
Series Vol. 7 , 13 September 2023
Open
Access | Article
How Does Economic Growth Affect the Economic Inequality in China?
* Author to whom correspondence should be addressed.
Abstract
This analysis focuses on the economic theory and the data presented for both economic growth and inequality from 1960 to 2020 in China by examining the influence of economic growth and development on Chinese economic inequality. The purpose of this research is to find the relationship between economic growth and inequality by determining the negative correlation and examining both negative and positive aspects of economic growth and its relationship to living standards.
Keywords
economic growth, inequality, unemployment, living standard
References
1. World Bank, https://www.worldbank.org/en/country/china/overview#1, last accessed 2022/07/12
2. Zhang Xiaobo, Kanbur R. (2005). Spatial Inequality in Education and Health Care in China. China Economic Review, 16, 189-204, USA.
3. Adrian Risso& Edgar Sanchez Carrera. (2010). Inequality and Economic Growth in China: pre-and post-reform periods. n.600-Settembre.
4. Cingano, F. (2014). Trends in income inequality and its impact on Economic growth. OECD Social, No.163, OECD Press.
5. Simon Kuznets. (1955). Economic growth and income inequality. The American Economic Review, No.1, Michigan, USA.
6. Kholeka Mdingi& Sin-Yu Ho. (2021). Literature review on income inequality and economic growth. The University of South Africa, P.O. Box 392, Unisa, 0003, Pretoria, South Africa.
7. Robert M. Solow. (1956). A contribution to the theory of Economic Growth. The Quarterly Journal of Economics, Oxford University Press, vol.70(1), pages 65-94.
8. Ejiro U. Osiobe. (2019). A Literature Review of Human Capital and Economic Growth. Macrothink Institute Press.
9. Ravi Kanbur& Xiaobo Zhang(2005, January, 28). Fifty Years of Regional Inequality in China: a journey through central planning reform and openness. Wiley Online Library. https://doi.org/10.1111/j.1467-9361.2005.00265.x
10. Benjamin M. (2005). The moral consequences of Economic Growth. Alfred A. Knopf, New York.
11. Milton Friedman. (1953). Essays in positive economics. University of Chicago Press.
12. Malcolm L.E& Dowd, A.C. (2012). The impact of undergraduate debt on graduate school enrollment. Journal of the Association of the study of higher education, 35(2), 265-305. https://doi.org/10.1353/rhe.2012.0007
13. Lin, Justin Yifu. (1992). Rural reforms and agricultural growth in China. The American Economic Review, vol. 82, no. 1, pp.34-5.
14. Dennis. (1999). Modern Historical Geographies. Prentice Hall, Volume 2 issue 2. https://doi.org?10.1177/1097184X99002002009
15. CSIS, https://www.csis.org/features/how-inequality-undermining-chinas-prosperity, last accessed 2022/07/18
16. Yang, Dennis Tao. (1999). Urban-Biased policies and rising income inequality in China. American Economic Review, vol. 89, pp.306-310.
17. Shin Li. (2010). Unequal cities of spectacle and mega-events in China. Routledge Press.
18. Mirrlees, J.A. (1971). An Exploration in the Theory of Optimum Income Taxation. The Review of Economic Studies, 38(2), 175–208. https://doi.org/10.2307/2296779
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open Access Instruction).
- Volume Title
- Proceedings of the 2nd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-915371-41-6
- ISBN (Online)
- 978-1-915371-42-3
- Published Date
- 13 September 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/7/20230227
- Copyright
- 13 September 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited