Workers’ income risk and the evolution of income inequality in China

Yan Wang; Juan Carlos Conesa

doi:10.1016/j.econlet.2023.111478

Workers’ income risk and the evolution of income inequality in China

Yan Wang
, Juan Carlos Conesa

Economics

Beijing Normal University

Research output: Contribution to journal › Article › peer-review

2 Scopus citations

Abstract

We estimate the labor income process faced by Chinese workers in three distinct sectors. Agricultural workers experience the highest level of income risk and the lowest average income, whereas those in the private sector face significantly greater risk and lower average income compared to their non-private sector counterparts. We find a substantial increase in inequality across sectors, instead of increasing risk within sectors.

Original language	English
Article number	111478
Journal	Economics Letters
Volume	234
DOIs	https://doi.org/10.1016/j.econlet.2023.111478
State	Published - Jan 2024

Keywords

Agriculture
China
Income risk
Non-private sector
Private sector

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10.1016/j.econlet.2023.111478

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title = "Workers{\textquoteright} income risk and the evolution of income inequality in China",

abstract = "We estimate the labor income process faced by Chinese workers in three distinct sectors. Agricultural workers experience the highest level of income risk and the lowest average income, whereas those in the private sector face significantly greater risk and lower average income compared to their non-private sector counterparts. We find a substantial increase in inequality across sectors, instead of increasing risk within sectors.",

keywords = "Agriculture, China, Income risk, Non-private sector, Private sector",

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AU - Conesa, Juan Carlos

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AB - We estimate the labor income process faced by Chinese workers in three distinct sectors. Agricultural workers experience the highest level of income risk and the lowest average income, whereas those in the private sector face significantly greater risk and lower average income compared to their non-private sector counterparts. We find a substantial increase in inequality across sectors, instead of increasing risk within sectors.

KW - Agriculture

KW - China

KW - Income risk

KW - Non-private sector

KW - Private sector

UR - https://www.scopus.com/pages/publications/85179104740

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DO - 10.1016/j.econlet.2023.111478

M3 - Article

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SN - 0165-1765

VL - 234

JO - Economics Letters

JF - Economics Letters

M1 - 111478

ER -

Workers’ income risk and the evolution of income inequality in China

Abstract

Keywords

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