The authors evaluate the impact of two key factor market distortions in China on rural-urban inequality and income distribution. They find that creation of a fully functioning land market has a significant impact on rural-urban inequality. This reform permits agricultural households to focus solely on the differential between farm and non-farm returns to labor in determining whether to work on or off-farm. This gives rise to an additional 10 million...
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INFORMATION
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2004/11/01
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Document de travail de recherche sur les politiques
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WPS3455
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1
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1
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2010/07/01
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Labor market distortions, rural-urban inequality, and the opening of China's economy
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factor market
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