Achieving Equity and Efficiency Simultaneously in the Primary Distribution Stage in the People's Republic of China

Achieving Equity and Efficiency Simultaneously in the Primary Distribution Stage in the People's Republic of China

This paper establishes a theoretical framework addressing the long-debated issue of efficiency and equity. Empirical evidence shows that a comparative-advantage-following development strategy promotes growth and narrows the income gap, achieving both efficiency in production and equity in income dis...

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Bibliographic Details
Main Authors: Lin, Justin Yifu, Liu, Peilin
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Personal Income, Wealth, and Their Distributions D310
Taxation and Subsidies: Externalities
Redistributive Effects
Environmental Taxes and Subsidies H230
Planning Models
Planning Policy O210
Measurement of Economic Growth
Aggregate Productivity
Cross-Country Output Convergence O470
Socialist Systems and Transitional Economies: Planning, Coordination, and Reform P210
Socialist Systems and Transitional Economies: Factor and Product Markets
Industry Studies
Population P230
Socialist Systems and Transitional Economies: National Income, Product, and Expenditure
Money
Inflation P240
Online Access:http://hdl.handle.net/10986/4700

Internet

http://hdl.handle.net/10986/4700

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