Fifty Years of Regional Inequality in China: a Journey Through Central Planning, Reform, and Openness
Year: 2005
Type: article
Abstract: The paper constructs and analyzes a long‐run time series for regional inequality in China from the Communist Revolution to the present. There have been three peaks of inequality in the last fifty years, coinciding with the Great Famine of the late 1950s, the Cultural Revolution of the late 1960s and 1970s, and finally the period of openness and global integration in the late 1990s. Econometric analysis establishes that regional inequality is explained in the different phases by three key policy variables—the ratio of heavy industry to gross output value, the degree of decentralization, and the degree of openness.
Source: Review of Development Economics
Authors: Ravi Kanbur, Xiaobo Zhang
Language: English
Field: Social Sciences
Domain: Social Sciences
SDG: Reduced inequalities
Open Access status: green
OpenAlex ID: W2154084946
