抄録
This paper re-estimates regional disparity using revised macro data of China from 1978-2005. Particularly, the paper focuses on changes in the income distribution structure. First, similar to previous results we show that income distribution structure tends to be bimodal. This tendency is remarkably seen since 1993. This is consistent with when “Socialist market economy” strategy became fixed after Deng Xiaoping's lectures in the south, and the reform open policy has accelerated since this year. Second, convergence of distributions by the Markov chain also shows a bimodal character that is distorted by poor income.
JEL Classification: C49, D39, O40, O53