It is better to be the head of a chicken than the tail of a phoenix: Concern for relative standing in rural China
Fredrik Carlsson and
Ping Qin
Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2010, vol. 39, issue 2, 180-186
Abstract:
This paper examines the concern for relative standing among rural households in China. We used a survey-experimental method to measure to what extent poor Chinese farmers care about their relative income. We found compared to previous studies in developed countries, the concern for relative standing seems to be equally strong among rural households in China. This should be seen in the light of the rapid change China has undergone, with high growth, and increased inequality. Thus, the rural population, which is lagging behind, is suffering not only from the low absolute income but also from low relative income.
Keywords: Relative; standing; China; Inequality (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (25)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:39:y:2010:i:2:p:180-186
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