Capital and ideology in China: Revisiting Thomas Piketty’s estimates and conclusions (notice n° 545802)
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| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121113827.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Ruile, Cao |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Capital and ideology in China: Revisiting Thomas Piketty’s estimates and conclusions |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2020.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 57 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Since the beginning of its “reform and opening-up” policy program, China has experienced economic transformation on a scale never seen before in the history of modern societies. The speed, the scope, and the relative stability of the “Chinese economic miracle” still represents a puzzle for social scientists, especially those who specialize in the relationship between capital and ideology. Recently, Thomas Piketty allocated a chapter of his publication to income inequality in China. His estimations indicate that income inequality has plateaued since the mid-2000s at a level below that of the United States. Piketty concludes that China has a relatively low tolerance of income inequality. This article analyzes Piketty’s data and methods, then proceeds to suggest an alternative evaluation of household income inequality using the Gini index. Using surveys conducted as part of the China Family Panel Studies, the article shows that income inequality increased until the end of the 2000s, after which it has remained at a level above that of United States. Such estimates corroborate the findings of numerous income inequality specialists in China, who suggest that the majority of Chinese people perceive income inequality as a prerequisite to economic development. JEL classification codes: P2, P16, E25, A14 |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | dynamic stochastic general equilibrium |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Ramsey-optimal policy under quasi-commitment |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | proportional feedback rules |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | determinacy |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue d'économie politique | 130 | 5 | 2020-11-12 | p. 683-698 | 0373-2630 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-revue-d-economie-politique-2020-5-page-683?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-revue-d-economie-politique-2020-5-page-683?lang=en&redirect-ssocas=7080</a> |
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