Decomposition of the impact of government and private transfers on income inequality in China

IF 2 4区经济学 Q2 DEVELOPMENT STUDIES

Review of Development Economics Pub Date : 2024-01-09 DOI:10.1111/rode.13086

Jingqi Liu, Chen Wang, Jinxian Wang, Chen Yang

引用次数: 0

Abstract

This article investigates the redistributive effects of government and private transfers on income inequality in China, based on data from China Family Panel Studies (CFPS) during 2012–2020. The results indicate that, first, both government and private programs have inequality‐reducing effects and the effect from the government is much larger. More specifically, old‐age pensions have the largest inequality‐reducing effect, followed by government subsidies, private transfers, and charity donations. In urban areas, old‐age pensions have larger redistributive effects, while in rural areas, government subsidies, private transfers, and charity donations contribute to lower inequality. However, compensation for land expropriation and housing demolishment is inequality‐increasing. Moreover, the redistributive effects of the transfers are highly driven by their budget size rather than their targeting.

查看原文本刊更多论文

中国政府和私人转移支付对收入不平等的影响分解

本文基于中国家庭面板研究（CFPS）2012-2020 年的数据，研究了政府和私人转移支付对中国收入不平等的再分配效应。结果表明：首先，政府和私人项目都具有减少不平等的效果，而且政府的效果更大。具体而言，养老金的减少不平等效果最大，其次是政府补贴、私人转移支付和慈善捐赠。在城市地区，养老金具有更大的再分配效应，而在农村地区，政府补贴、私人转移支付和慈善捐款有助于降低不平等程度。然而，土地征用和房屋拆迁补偿会增加不平等。此外，转移支付的再分配效应在很大程度上受其预算规模而非其针对性的影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Review of Development Economics Multiple-

CiteScore

3.20

自引率

6.20%

发文量

109

期刊介绍： The Review of Development Economics is a leading journal publishing high-quality research in development economics. It publishes rigorous analytical papers, theoretical and empirical, which deal with contemporary growth problems of developing countries, including the transition economies. The Review not only serves as a link between theorists and practitioners, but also builds a bridge between development economists and their colleagues in related fields. While the level of the Review of Development Economics is academic, the materials presented are of value to policy makers and researchers, especially those in developing countries.