Title

Did Higher Inequality Impede Growth in Rural China?

Dwayne Benjamin, Loren Brandt, and John Giles

Did Higher Inequality Impede Growth in Rural China?

Since the start of economic reform in the early 1980s, China has experienced plenty of growth and inequality; per capita income has grown nearly 8 percent annually, while the Gini coefficient rose from 0.28 to 0.39. Using a rich longitudinal survey spanning the years 1987-2002, this paper finds...