Evolution of wealth inequality in China

Evolution of wealth inequality in China
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DOI:
10.1080/17538963.2015.1110338
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发表时间:
2015-09
影响因子:
3.3
通讯作者:
Shi Li;Haiyuan Wan
Shi Li;Haiyuan Wan
中科院分区:
--
文献类型:
--
作者:
Shi Li;Haiyuan Wan

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家庭财富是反映国家经济竞争力和个人收入水平的重要指标。财富分配是评价一个国家社会公正的核心。本文使用2002年中国家庭收入项目和2010年中国家庭面板调查的数据集来分析2002年和2010年中国的财富水平和财富不平等。该分析从财富结构和构成的角度对这一时期财富不平等的演变进行了分解。研究结果显示,2002年至2010年间,财富和财富不平等的数量大幅增加。2010年的财富水平是2002年的四倍,住房资产是2010年总财富的最大组成部分。2002年以后,贫富差距也急剧扩大,财富分配的基尼系数从2002年的0.538上升到2010年的0.739。近年来,快速上涨的房价一直是贫富差距加剧的主要原因。
Household wealth is a key indicator that reflects national economic competiveness and individual income levels. The distribution of wealth is central for evaluating social justice in a country. This article uses a data set composed of the 2002 China Household Income Project and the 2010 Chinese Family Panel Survey to analyze the level of wealth and wealth inequality in China during 2002 and 2010. The analysis decomposes the evolution of wealth inequality during that period in terms of the structure and composition of wealth. The findings show that there was a large increase in the quantity of wealth and wealth inequality between 2002 and 2010. The level of wealth in 2010 was four times that of 2002, and housing assets were the greatest component of overall wealth in 2010. Wealth inequality also rose dramatically after 2002, with the Gini coefficient of the distribution of wealth increasing from 0.538 in 2002 to 0.739 in 2010. The rapidly escalating price of housing has been the main contributor to increasing wealth inequality in recent years.