Chinese Gini Coefficient from 2005 to 2012, Based on 20 Grouped Income Data Sets of Urban and Rural Residents

Data insufficiency has become the primary factor affecting research on income disparity in China. To resolve this issue, this paper explores Chinese income distribution and income inequality using distribution functions. First, it examines 20 sets of grouped data on family income between 2005 and 20...

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Main Authors: Jiandong Chen, Fuqian Fang, Wenxuan Hou, Fengying Li, Ming Pu, Malin Song
Format: Article
Language:English
Published: Wiley 2015-01-01
Series:Journal of Applied Mathematics
Online Access:http://dx.doi.org/10.1155/2015/939020
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author Jiandong Chen
Fuqian Fang
Wenxuan Hou
Fengying Li
Ming Pu
Malin Song
author_facet Jiandong Chen
Fuqian Fang
Wenxuan Hou
Fengying Li
Ming Pu
Malin Song
author_sort Jiandong Chen
collection DOAJ
description Data insufficiency has become the primary factor affecting research on income disparity in China. To resolve this issue, this paper explores Chinese income distribution and income inequality using distribution functions. First, it examines 20 sets of grouped data on family income between 2005 and 2012 by the China Yearbook of Household Surveys, 2013, and compares the fitting effects of eight distribution functions. The results show that the generalized beta distribution of the second kind has a high fitting to the income distribution of urban and rural residents in China. Next, these results are used to calculate the Chinese Gini ratio, which is then compared with the findings of relevant studies. Finally, this paper discusses the influence of urbanization on income inequality in China and suggests that accelerating urbanization can play an important role in narrowing the income gap of Chinese residents.
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institution Kabale University
issn 1110-757X
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publishDate 2015-01-01
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series Journal of Applied Mathematics
spelling doaj-art-368c9d9f586e4db6944dc5f98d47cde32025-02-03T07:25:36ZengWileyJournal of Applied Mathematics1110-757X1687-00422015-01-01201510.1155/2015/939020939020Chinese Gini Coefficient from 2005 to 2012, Based on 20 Grouped Income Data Sets of Urban and Rural ResidentsJiandong Chen0Fuqian Fang1Wenxuan Hou2Fengying Li3Ming Pu4Malin Song5School of Public Finance and Taxation, Collaborative Innovation Center for Financial Security, Southwestern University of Finance and Economics, Chengdu 611130, ChinaSchool of Economics, Renmin University of China, Beijing 100086, ChinaUniversity of Edinburgh Business School, University of Edinburgh, Edinburgh EH8 9JS, UKSchool of Economics and Mathematics, Southwestern University of Finance and Economics, Chengdu 611130, ChinaSchool of Insurance, Southwestern University of Finance and Economics, Chengdu 611130, ChinaAnhui University of Finance and Economics, Bengbu 233030, ChinaData insufficiency has become the primary factor affecting research on income disparity in China. To resolve this issue, this paper explores Chinese income distribution and income inequality using distribution functions. First, it examines 20 sets of grouped data on family income between 2005 and 2012 by the China Yearbook of Household Surveys, 2013, and compares the fitting effects of eight distribution functions. The results show that the generalized beta distribution of the second kind has a high fitting to the income distribution of urban and rural residents in China. Next, these results are used to calculate the Chinese Gini ratio, which is then compared with the findings of relevant studies. Finally, this paper discusses the influence of urbanization on income inequality in China and suggests that accelerating urbanization can play an important role in narrowing the income gap of Chinese residents.http://dx.doi.org/10.1155/2015/939020
spellingShingle Jiandong Chen
Fuqian Fang
Wenxuan Hou
Fengying Li
Ming Pu
Malin Song
Chinese Gini Coefficient from 2005 to 2012, Based on 20 Grouped Income Data Sets of Urban and Rural Residents
Journal of Applied Mathematics
title Chinese Gini Coefficient from 2005 to 2012, Based on 20 Grouped Income Data Sets of Urban and Rural Residents
title_full Chinese Gini Coefficient from 2005 to 2012, Based on 20 Grouped Income Data Sets of Urban and Rural Residents
title_fullStr Chinese Gini Coefficient from 2005 to 2012, Based on 20 Grouped Income Data Sets of Urban and Rural Residents
title_full_unstemmed Chinese Gini Coefficient from 2005 to 2012, Based on 20 Grouped Income Data Sets of Urban and Rural Residents
title_short Chinese Gini Coefficient from 2005 to 2012, Based on 20 Grouped Income Data Sets of Urban and Rural Residents
title_sort chinese gini coefficient from 2005 to 2012 based on 20 grouped income data sets of urban and rural residents
url http://dx.doi.org/10.1155/2015/939020
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