Inequality in China revisited. The effect of functional distribution of income on urban top incomes, the urban-rural gap and the Gini index, 1978-2015
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文摘
Functional distribution affects the evolution of personal distribution of income. In China, decreasing labour share reduced urban low and medium income households' shares. Increasing profit share accounts for rising urban top incomes shares. The urban-rural gap is partly driven by rising urban households' top incomes. Falling labour share helps to explain the increase in the Gini index.

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