The Distribution of Income
John Joshua
Abstract
John Joshua
Abstract
This chapter discusses the distribution of income in China and begins with an analysis of the relationship between income and economic growth using the Kuznets Curve as an illustration. The Kuznets Curve assumes that as economic growth proceeds, differences in income first increase and eventually begin to fall; that is, differences in income eventually narrow, so that most people come to benefit from economic growth. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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This chapter discusses the distribution of income in China and begins with an analysis of the relationship between income and economic growth using the Kuznets Curve as an illustration. The Kuznets Curve assumes that as economic growth proceeds, differences in income first increase and eventually begin to fall; that is, differences in income eventually narrow, so that most people come to benefit from economic growth. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Key concepts: Kuznets curve, Income distribution, Economics, China, Distribution (mathematics), Net national income, Development economics, Macroeconomics