Causes and Explanations of Changes in China’s Income Distribution Pattern over the Last 40 Years

Author(s):  
Heng Quan
2020 ◽  
Vol 2 (2) ◽  
pp. p1
Author(s):  
Jia Kang

The analysis and recognition of China’s current income distribution pattern is a major practical issue that involves the idea and essentials of advancing modern state governance in the stage of economic and social transition, and also a controversial issue. In this paper, the author focused on two major points. First, the analysis on the basic situation of the proportion of resident income in the overall income distribution pattern in recent decade in China, which first went down and then rose slightly, is conducted. Then the paper emphasized that the key to solve the paradox formed by two mainstream views was to understand more deeply the institutional causes of the unfairness and non-standardization inherent in high Gini coefficient of income distribution in China, which was an essential real problem. Second, based on an examination of the significance of cultivating and developing the mid-income class in China, the serious shortcomings of official statistics about income quintile information must be pointed out. Thus, it is imperative to recognize the covered contradictions, face the anxiety state and related challenges that the mid-income class in China has been stuck in, and then seek to solve the contradiction and eliminate the anxiety in a targeted manner.


2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Mengting Zhang ◽  
Wei Xu ◽  
Jun Zhang

Although the Chinese economy has developed rapidly since the reform and opening up, the income distribution gap is widening year by year. The final social income distribution pattern is highly dependent on the primary distribution pattern. Therefore, the changing trend and influencing factors of labor income share have become the focus of academic research and the focus of government attention. Based on this, this article proposes enterprise financing based on Internet of Things data analysis technology. Studies on the impact of restraints on labor income shares will help further research on the impact of corporate financial restraints on future labor income shares. Based on the financial data reports published in the CCER database and the company’s IPO prospectus and annual report, this paper discusses whether the company’s key business products belong to the Internet of Things’ key technology application categories. Take 226 IoT companies as the research objects of this article, and conduct a secondary screening. The final survey sample is used to investigate the impact of corporate funding constraints on labor income share. Tests have proved that among the 179 resource-based enterprises undergoing transformation, 109 enterprises have undergone intraindustry transformation, accounting for 48.23% of the overall sample and 60.89% of the sample of transformed enterprises. Downstream expansion makes the business industry expand. This shows that funding constraints have a negative impact on labor income share. This is primarily the result of the impact of the long-term debt-to-asset ratio on labor income share.


2020 ◽  
Vol 6 (2) ◽  
pp. 181-195

Fairness in income distribution is a factor that both motivates employees and contributes to maintaining social stability. In Vietnam, fair income distribution has been studied from various perspectives. In this article, through the analysis and synthesis of related documents and evidence, and from the perspective of economic philosophy, the author applies John Rawls’s Theory of Justice as Fairness to analyze some issues arising from the implementation of the state’s role in ensuring fair income distribution from 1986 to present. These are unifying the perception of fairness in income distribution; solving the relationship between economic efficiency and social equality; ensuring benefits for the least-privileged people in society; and controlling income. On that basis, the author makes some recommendations to enhance the state’s role in ensuring fair income distribution in Vietnam. Received 11thNovember 2019; Revised 10thApril 2020; Accepted 20th April 2020


2020 ◽  
Author(s):  
James Feigenbaum ◽  
Price Fishback ◽  
Keoka Grayson

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