Capital Accumulation, Private Property, and Rising Inequality in China, 1978-2015

Capital Accumulation, Private Property, and Rising Inequality in China, 1978-2015
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DOI:
10.1257/aer.20170973
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发表时间:
2019-07-01
影响因子:
10.7
通讯作者:
Zucman, Gabriel
Zucman, Gabriel
中科院分区:
经济学1区
文献类型:
--
作者:
Piketty, Thomas;Yang, Li;Zucman, Gabriel

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我们结合联合收割机国民账户、调查和新的税收数据,研究1978年至2015年中国收入和财富的积累和分配。国民财富收入比从1978年的350%上升到2015年的700%,而公共财产在国民财富中的份额从70%下降到30%。我们对官方的不平等估计值进行了大幅向上修正。在1978年至2015年期间,收入最高的10%的人的收入份额从27%上升到41%;收入最低的50%的人的收入份额从27%下降到15%。中国的不平等水平过去接近北欧国家,现在正在接近美国的水平。
We combine national accounts, surveys, and new tax data to study the accumulation and distribution of income and wealth in China from 1978 to 2015. The national wealth-income ratio increased from 350 percent in 1978 to 700 percent in 2015, while the share of public property in national wealth declined from 70 percent to 30 percent. We provide sharp upward revision of official inequality estimates. The top 10 percent income share rose from 27 percent to 41 percent between 1978 and 2015; the bottom 50 percent share dropped from 27 percent to 15 percent. China's inequality levels used to be close to Nordic countries and are now approaching US levels.