Increasing Wage Inequality in China: Efficiency Versus Equity?
John Knight and
Lina Song
Economics Series Working Papers from University of Oxford, Department of Economics
Abstract:
Increasing wage inequality is a feature of many economies in recent years, and the same is true of China. Whereas in most countries it is normally interpreted as a move from one market equilibrium to another, in China it is more likely to reflect a move away from extreme disequilibirum. Two national cross-section household surveys, for the years 1988 and 1995, are analysed, first to document the widening inequality and then to explain it.
Keywords: WAGES; EFFICIENCY; CHINA (search for similar items in EconPapers)
JEL-codes: D63 J31 O53 (search for similar items in EconPapers)
Pages: 28 pages
Date: 1999
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:oxf:wpaper:99211
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