Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/90719 
Year of Publication: 
2013
Series/Report no.: 
Memorandum No. 06/2013
Publisher: 
University of Oslo, Department of Economics, Oslo
Abstract: 
China's economic development in recent decades has been tremendous, but subject to debate. This paper calculates regional prices that make incomes comparable across both time and space using the Engel-curve approach. Incomes are adjusted using these price indices, providing new estimates of inequality and poverty development. Our findings contrast with measures based on the official consumer price indices (CPIs) - in a time characterized by high economic growth, we find a larger increase in inequality and a more moderate poverty reduction than what is indicated by the CPI-adjusted measures.
JEL: 
D1
E31
F01
Document Type: 
Working Paper

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