ID | 089556 |
Title Proper | New ordered family of Lorenz curves with an application to measuring income inequality and poverty in rural China |
Language | ENG |
Author | Wang, Zuxiang ; Smyth, Russell ; NG, Yew-Kwang |
Publication | 2009. |
Summary / Abstract (Note) | The most common data source on income distribution in China is grouped data. When income data is in grouped form, some acceptable Lorenz model is needed to approximate the underlying Lorenz curve. This paper presents a new family of Lorenz curves and applies the main model in our proposed family of Lorenz curves to income data for rural China over the period 1980 to 2006. We find that the income share of the rural population at the low end of the income scale has been shrinking, income inequality in rural China has increased over time and that income inequality has impeded attempts to reduce poverty. However, the welfare of the rural population is still improving in terms of the generalized Lorenz dominance criterion. |
`In' analytical Note | China Economic Review Vol. 20, No.2; Jun 2009: p218-235 |
Journal Source | China Economic Review Vol. 20, No.2; Jun 2009: p218-235 |
Key Words | Lorenz Curve ; Gini Index ; China ; Poverty ; Income |