Entropy-based China income distributions and inequality measures.

We use information theoretic information recovery methods, on a 2005 sample of household income data from the Chinese InterCensus, to estimate the income distribution for China and each of its 31 provinces and to obtain corresponding measures of income inequality. Using entropy divergence methods, w...

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Publicado en:China Economic Journal Vol. 12; no. 3; pp. 352 - 369
Autores principales: Fu, Qiuzi, Villas-Boas, Sofia B., Judge, George
Formato: Artículo
Publicado: Taylor & Francis Ltd Oct2019
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Oct2019
      vid: 12
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      pub: Taylor & Francis Ltd
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        139257743
        10.1080/17538963.2019.1570620
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        atl: Entropy-based China income distributions and inequality measures.
      aug:
        au:
          Fu, Qiuzi
          Villas-Boas, Sofia B.
          Judge, George
        affil:
          International Department, the People's Bank of China, Beijing, China
          Agricultural and Resource Economics, University of California, Berkeley, CA, USA
          Graduate School and Giannini Foundation, University of California Berkeley, Berkeley, CA, USA
      su:
        China
        Income inequality
        Income
        Probability density function
        Gini coefficient
        Maximum entropy method
      sug:
        subj:
          Income inequality
          Income
          China
          Probability density function
          Gini coefficient
          Maximum entropy method
      keyword:
        cressie-read divergence
        entropy maximization
        Income probability distribution function
        information theoretic methods
        micro-income data
        Pareto's law
        cressie-read divergence
        entropy maximization
        Income probability distribution function
        information theoretic methods
        micro-income data
        Pareto's law
      ab: We use information theoretic information recovery methods, on a 2005 sample of household income data from the Chinese InterCensus, to estimate the income distribution for China and each of its 31 provinces and to obtain corresponding measures of income inequality. Using entropy divergence methods, we seek a probability density function solution that is as close to a uniform probability distribution of income (with the least inequality), as the data will permit. These entropy measures of income inequality reflect how the allocation and distribution systems are performing, and we show the advantages of investigating province variation in income inequality using entropy measures rather than Gini coefficients. Finally, we use a sample of data from the China Family Panel Study to recover an estimate of the 2010 and the 2016 to investigate possible directions of inequality changes using these different additional data sources, given that the 2015 Inter-Census is not yet available.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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