Issue |
E3S Web Conf.
Volume 275, 2021
2021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|
|
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Article Number | 01026 | |
Number of page(s) | 5 | |
Section | Energy Application and Ecological Resource Sustainability | |
DOI | https://doi.org/10.1051/e3sconf/202127501026 | |
Published online | 21 June 2021 |
Composition Component or Conditional Component? A New Explanation on the Change of the Income Gap among Chinese Residents from the Perspective of Counterfactual
1
School of Business, Shandong University, No. 180 West Culture Road, Weihai, Shandong, China
2
School of Business, Linyi University, Middle Section of Shuangling Road, Linyi, Shandong, China
* Corresponding author: lab264209@163.com
The income gap among residents is one of the important factors that restrict the development of economy and society. The emphasis of this study lies in investigating the reasons for the change of the income gap among Chinese residents. The Gini coefficient, a set of generalized entropy index and the relative polarization index are obtained on the data of CFPS. The results show that the income gap in China has been increasing year by year since 2012. Different from some ideas that components are the main factors affecting the change of income gap, the decomposition results show that the conditional components make the significant variation of income gap. This provides a new perspective to explain the causes of income gap changes. It may be necessary to increase the income of low-income groups and improve their status with dynamic assistance by stages and categories.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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