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Labor Market Distortions Rural Urban Inequality And The Opening Of The Peoples Republic Of China Economy
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Book Synopsis Labor Market Distortions, Rural-urban Inequality, and the Opening of People's Republic of China's Economy by : Thomas Warren Hertel
Download or read book Labor Market Distortions, Rural-urban Inequality, and the Opening of People's Republic of China's Economy written by Thomas Warren Hertel and published by World Bank Publications. This book was released on 2004 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors find that reform of the Hukou system has the most significant impact on aggregate economic activity, as well as income distribution. Whereas the land market reform primarily benefits the agricultural households, this reform's primary beneficiaries are the rural households currently sending temporary migrants to the city. By reducing the implicit tax on temporary migrants, Hukou reform boosts their welfare and contributes to increased rural-urban migration. The combined effect of both factor market reforms is to reduce the urban-rural income ratio dramatically, from 2.59 in 2007 under the authors' baseline scenario to 2.27. When viewed as a combined policy package, along with WTO accession, rather than increasing inequality in China, the combined impact of product and factor market reforms significantly reduces rural-urban income inequality. This is an important outcome in an economy currently experiencing historic levels of rural-urban inequality"--Abstract.
Book Synopsis Labor Market Distortions, Rural-Urban Inequality, and the Opening of China's Economy by : Thomas W. Hertel
Download or read book Labor Market Distortions, Rural-Urban Inequality, and the Opening of China's Economy written by Thomas W. Hertel and published by . This book was released on 2016 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hertel and Zhai evaluate the impact of two key factor market distortions in China on rural-urban inequality and income distribution. They find that creation of a fully functioning land market has a significant impact on rural-urban inequality. This reform permits agricultural households to focus solely on the differential between farm and nonfarm returns to labor in determining whether to work on or off-farm. This gives rise to an additional 10 million people moving out of agriculture by 2007 and lends a significant boost to the incomes of those remaining in agriculture. This off-farm migration also contributes to a significant rise in rural-urban migration, thereby lowering urban wages, particularly for unskilled workers. As a consequence, rural-urban inequality declines significantly.The authors find that reform of the Hukou system has the most significant impact on aggregate economic activity, as well as income distribution. Whereas the land market reform primarily benefits the agricultural households, this reform's primary beneficiaries are the rural households currently sending temporary migrants to the city. By reducing the implicit tax on temporary migrants, Hukou reform boosts their welfare and contributes to increased rural-urban migration. The combined effect of both factor market reforms is to reduce the urban-rural income ratio dramatically, from 2.59 in 2007 under the authors' baseline scenario to 2.27.When viewed as a combined policy package, along with WTO accession, rather than increasing inequality in China, the combined impact of product and factor market reforms significantly reduces rural-urban income inequality. This is an important outcome in an economy currently experiencing historic levels of rural-urban inequality.This paper - a product of the Trade Team, Development Research Group - is part of a larger effort in the group to evaluate the poverty impacts of trade policy reforms.
Book Synopsis Labor Market Distortions, Rural-Urban Inequality, and the Opening of China's Economy by : Thomas Hertel
Download or read book Labor Market Distortions, Rural-Urban Inequality, and the Opening of China's Economy written by Thomas Hertel and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors evaluate the impact of two key factor market distortions in China on rural-urban inequality and income distribution. They find that creation of a fully functioning land market has a significant impact on rural-urban inequality. This reform permits agricultural households to focus solely on the differential between farm and non-farm returns to labor in determining whether to work on or off-farm. This gives rise to an additional 10 million people moving out of agriculture by 2007 and lends a significant boost to the incomes of those remaining in agriculture. This off-farm migration also contributes to a significant rise in rural-urban migration, thereby lowering urban wages, particularly for unskilled workers. As a consequence, rural-urban inequality declines significantly. The authors find that reform of the Hukou system has the most significant impact on aggregate economic activity, as well as income distribution. Whereas the land market reform primarily benefits the agricultural households, this reform's primary beneficiaries are the rural households currently sending temporary migrants to the city. By reducing the implicit tax on temporary migrants, Hukou reform boosts their welfare and contributes to increased rural-urban migration. The combined effect of both factor market reforms is to reduce the urban-rural income ratio dramatically, from 2.59 in 2007 under the authors' baseline scenario to 2.27. When viewed as a combined policy package, along with WTO accession, rather than increasing inequality in China, the combined impact of product and factor market reforms significantly reduces rural-urban income inequality. This is an important outcome in an economy currently experiencing historic levels of rural-urban inequality.
Book Synopsis Labor Market Distortions, Rural-urban Inquality, and the Opening of People's Republic of China's Economy by : Thomas Warren Hertel
Download or read book Labor Market Distortions, Rural-urban Inquality, and the Opening of People's Republic of China's Economy written by Thomas Warren Hertel and published by . This book was released on 2004 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy by : Thomas Hertel
Download or read book Labor Market Distortions, Rural-Urban Inequality, and the Opening of the People's Republic of China Economy written by Thomas Hertel and published by DIANE Publishing. This book was released on 2008-05 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evaluates the impact of some key factor market reforms on rural-urban inequality & income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium model of the People¿s Republic of China. It also explores how these factor market reforms interact with product market reforms currently under way as part of the country¿s World Trade Org. (WTO) accession process. The simulation results show that reforms in the rural land rental market & hukou system, as well as increasing off-farm labor mobility, would reduce the urban-rural income ratio dramatically. Furthermore, the combination of WTO accession & factor market reforms improves both efficiency & equality significantly. Charts, tables & graphs.
Book Synopsis Unemployment, Inequality and Poverty in Urban China by : Hiroshi Sato
Download or read book Unemployment, Inequality and Poverty in Urban China written by Hiroshi Sato and published by Routledge. This book was released on 2006-09-27 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the Chinese economy is growing at a very high rate, there are massive social dislocations arising as a result of economic restructuring. Though the scale of the problem is huge, very few studies have examined the changes in income inequality in the late 1990s due to a lack of data on household incomes. Based on extensive original research, this book redresses this imbalance, examining the issue of unemployment and the problems it has brought for the people of China. Investigating the market outcomes in post-reform urban China, the book focuses on the relationships between unemployment, inequality, and poverty. In addition, the authors provide an analysis on the emerging urban labour market and its stratified structure, job mobility, profit sharing, and the role of social capital. Empirical analysis is supported by rich data from nationally representative urban household and rural migrant surveys, providing the latest picture of the widening inequality in Chinese urban society.
Book Synopsis Urbanization, Inequality, and Poverty in the People's Republic of China by : Yuan Zhang
Download or read book Urbanization, Inequality, and Poverty in the People's Republic of China written by Yuan Zhang and published by . This book was released on 2016 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Relying on the present literature, official statistics, and household survey data in the People's Republic of China (PRC), this paper summarizes research findings on the relationship between urbanization, urban-rural inequality, and poverty, and provides further empirical evidence on the role of urbanization and government policies in urban poverty. Several conclusions can be drawn from this paper. First, urbanization has a significant effect on reducing both poverty of rural residents and poverty of migrating peasants, and, consequently, has a positive effect on narrowing the rural-urban income/consumption gap. Urban labor markets play an important role in this effect. Second, urbanization is positively correlated to urban poverty. This can be explained by the competition between migrating peasants and urban workers in the labor market, and the failure of the government's anti-poverty policies in urban areas. Third, the existence of an informal sector has a negative effect on the poverty of urban citizens. Being employed by the informal sector significantly increases the probability of falling into poverty for urban citizens. Fourth, the minimum wage has a positive effect on reducing urban poverty, while the effect of other policies, such as Di Bao and Minimum Living Standard, is limited.
Book Synopsis China's Rural Labor Migration And Its Economic Development by : Liu Xiaoguang
Download or read book China's Rural Labor Migration And Its Economic Development written by Liu Xiaoguang and published by World Scientific. This book was released on 2020-04-22 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Rising Inequality in China by : Shi Li
Download or read book Rising Inequality in China written by Shi Li and published by Cambridge University Press. This book was released on 2013-10-31 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, a sequel to Inequality and Public Policy in China (2008), examines the evolution of inequality in China from 2002 to 2007, a period when the new 'harmonious society' development strategy was adopted under Hu Jintao and Wen Jiabao. It fills a gap in knowledge about the outcomes of this development strategy for equity and inequality. Drawing on original information collected from the recent two waves of nationwide household surveys conducted by the China Household Income Project, this book provides a detailed overview of recent trends in income inequality and cutting-edge analysis of key factors underlying such trends. Topics covered include inequality in education, changes in homeownership and the distribution of housing wealth, the evolution of the migrant labor market, disparities between public and non-public sectors, patterns of work and non-work, gender, ethnicity, and the impacts of public policies such as reforms in taxation and social welfare programs.
Book Synopsis China’s Rural–Urban Inequality in the Countryside by : Yan Gao
Download or read book China’s Rural–Urban Inequality in the Countryside written by Yan Gao and published by Springer. This book was released on 2018-03-15 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book approaches the issue of rural-urban inequality through fieldwork conducted in a specific township (Zuogang) in Qinggang County, part of Heilongjiang Province in northeastern China. Presenting painstaking fieldwork in a single location, it successfully illuminates fundamental aspects of the reality and the complexity of rural-urban inequality that cannot be found in macro-level studies, most of which are prepared by economists. The book offers a unique combination of rigorous economic analysis with insightful social and anthropological analysis, as well as revealing interviews with local government officials. This approach provides a rich tapestry of rural perceptions of rural-urban inequality. With in-depth analysis and empirical evidence on questions concerning the development and root causes of urban-rural disparities, the book significantly enriches our understanding of the widely discussed issue of rural-urban income inequality, but from the unique perspective of rural China.
Book Synopsis China’s Labor Market in the Transition by : Chen Ying
Download or read book China’s Labor Market in the Transition written by Chen Ying and published by Springer Nature. This book was released on with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Poverty, inequality and social disparities during China's economic reform by :
Download or read book Poverty, inequality and social disparities during China's economic reform written by and published by World Bank Publications. This book was released on with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Income Disparity In China: Crisis Within Economic Miracle by : Dianqing Xu
Download or read book Income Disparity In China: Crisis Within Economic Miracle written by Dianqing Xu and published by World Scientific. This book was released on 2014-03-28 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has achieved remarkable economic success in the past three decades and has become the second-largest economy in the world after the United States. However, accompanying this rapid economic growth is an increasing income inequality. In recent years, China's income disparity has reached an alarming level, making it one of the countries with the most unequal income distribution in the world.The widening income gap is the root cause of many issues in contemporary China. How should China step up distribution system reform? How should China deepen the reforms to its fiscal and tax systems? Should the government increase wages to achieve the income multiplication plan? What is the fundamental measure to tackle income disparity issues in China? With in-depth analysis and empirical studies on these questions, this book provides comprehensive perspectives on China's income disparity issues that most international scholars are concerned about.
Book Synopsis China's Labor Market Performance and Challenges by : Tao Ran
Download or read book China's Labor Market Performance and Challenges written by Tao Ran and published by International Monetary Fund. This book was released on 2003-11-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: A more market-oriented labor market has emerged in China in the past twenty years with growing importance of the urban private sector, as state-owned enterprises have downsized. Despite the progress on reforms, a sizable surplus of labor still exists in the rural sector and state-owned enterprises. The main challenge facing China’s labor market in coming years is to absorb the surplus labor into quality jobs while adjusting to World Trade Organization (WTO) accession. This paper estimates that if annual GDP growth averages 7 percent and the employment elasticity is one-half, urban unemployment could double to about 10 percent over the next three to four years. These pressures would be limited by stronger economic growth, especially in the private sector and more labor-intensive service industries which have generated the most jobs in recent years. Therefore, policy should focus on encouraging private sector development while reducing barriers to labor mobility, improving worker skills, upgrading job search services, and strengthening the social safety net.
Book Synopsis Employment and Economic Growth in Urban China 1949-1957 by : Christopher Howe
Download or read book Employment and Economic Growth in Urban China 1949-1957 written by Christopher Howe and published by Cambridge University Press. This book was released on 1971-07-02 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of China's urban employment problems between 1949 and 1957. Its main objectives are to analyse the size and determinants or urban employment change, and to trace the evolution both of Chinese thinking about employment and the institutions of labour control that reflected this thinking in day-to-day administration.
Book Synopsis Labour Market Reform in China by : Xin Meng
Download or read book Labour Market Reform in China written by Xin Meng and published by . This book was released on 2000-05-11 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was first published in 2005. Labour Market Reform in China documents and analyses institutional changes in the Chinese labour market over the last twenty-five years, and argues that further reform is necessary if China is to sustain its high growth rates. The book first assesses the problems associated with the pre-reform labour arrangements. It offers an in-depth analysis of the urban labour market and its impact on individual wage determination, ownership structure, labour compensation and labour demand and of social security reform. In its main chapters, the book investigates the impact of rural economic reform on rural labour market. Detailed consideration is given to the rural agricultural labour market, labour arrangement in the rural non-agricultural sector, and the wage gap between the rural agricultural and non-agricultural sectors. Finally, the book examines the phenomenon of rural-urban migration, its impact on rural and urban economic growth, and models its effect on urban employment, unemployment and earnings.
Book Synopsis Work and Inequality in Urban China by : Yanjie Bian
Download or read book Work and Inequality in Urban China written by Yanjie Bian and published by SUNY Press. This book was released on 1994-01-01 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a systematic analysis of the impact of work organization on the social stratification of individuals in urban China. It explains why economic and labor market segmentation is possible and necessary in state socialism at a certain stage of its development, as in market capitalism, and how important one's work unit or danwei is to the life of socialist workers in Chinese cities. Based on survey data, personal interviews, and official statistics, the author shows that structural allocation, status inheritance, educational achievement, political virtue, and interpersonal connections (guanxi) interplay in determining an individual's opportunities for entering and moving into a desirable place to work, for obtaining Communist party membership and an elite class status, and for receiving material compensation such as wages, bonuses, fringe benefits, housing, and home locations.
