Evidence of Scaling in Chinese Income Distribution

With income data from Chinese household income projects in 1998--2002, we study the functional form of Chinese income distribution. The fitting results suggest a log-normal distribution plus a power-law tail. This distributional form has changed a lot from its appearance in the early stage of China&...

Full description

Saved in:
Bibliographic Details
Published inChinese physics letters Vol. 27; no. 7; p. 078901
Main Authors Yan, Xu, Liang-Peng, Guo, Ning, Ding, You-Gui, Wang
Format Journal Article
LanguageEnglish
Published IOP Publishing 01.07.2010
Subjects
Fittings
Households
Income
Market economy
Marketing
Uncertainty
Online AccessGet full text

Cover

More Information
Summary:With income data from Chinese household income projects in 1998--2002, we study the functional form of Chinese income distribution. The fitting results suggest a log-normal distribution plus a power-law tail. This distributional form has changed a lot from its appearance in the early stage of China's reform and turns out to be consistent with that of some complete market economies. The uncertainty and diversity of income growth rate aroused by marketing reform are the main causes of current Chinese income distribution.
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0256-307X
1741-3540
DOI:10.1088/0256-307X/27/7/078901