Relative Deprivation in China

Xi Chen

MPRA Paper from University Library of Munich, Germany

Abstract: Relative deprivation (RD), also known as relative poverty , an idea implicitly put forward by Adam Smith in The Wealth of Nations and formally conceptualized by Runciman (1966), refers to the discontent people feel when they compare their positions to others and realize that others in the group possess something that they do not have. RD is important to Chinese people as reflected in the traditional saying “it is better to be the head of a chicken than the tail of a phoenix”, indicating that taking a relatively good position benefits people in the Chinese society. RD is also a pressing issue for China after its three decade unprecedented economic growth accompanied by inequalities at historically high levels. This entry reviews key measures of RD and empirical findings for China. I also discuss some of the most pressing policy issues with regard to RD.

Keywords: Relative Deprivation; Inequality; Poverty; China (search for similar items in EconPapers)
JEL-codes: B4 D1 D3 I1 I3 O2 (search for similar items in EconPapers)
Date: 2013-01-08
New Economics Papers: this item is included in nep-dev, nep-ltv and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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https://mpra.ub.uni-muenchen.de/54489/1/MPRA_paper_54489.pdf revised version (application/pdf)

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