Will China’s demographic transition exacerbate its income inequality? A CGE modeling with top-down microsimulation

Demographic transition due to population aging is an emerging trend throughout the developing world, and it is especially acute in China, which has undergone demographic transition more rapidly than have most industrial economies. This paper quantifies the distributional effects in the context of de...

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Autores principales: Wang, Xinxin, Chen, Kevin Z., Robinson, Sherman, Huang, Zuhui
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2016
Materias:
Acceso en línea:https://hdl.handle.net/10568/148645
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author Wang, Xinxin
Chen, Kevin Z.
Robinson, Sherman
Huang, Zuhui
author_browse Chen, Kevin Z.
Huang, Zuhui
Robinson, Sherman
Wang, Xinxin
author_facet Wang, Xinxin
Chen, Kevin Z.
Robinson, Sherman
Huang, Zuhui
author_sort Wang, Xinxin
collection Repository of Agricultural Research Outputs (CGSpace)
description Demographic transition due to population aging is an emerging trend throughout the developing world, and it is especially acute in China, which has undergone demographic transition more rapidly than have most industrial economies. This paper quantifies the distributional effects in the context of demographic transition using an integrated recursive dynamic computable general equilibrium model with top-down behavioral microsimulation. The results of the poverty and inequality index indicate that population aging has a negative impact on the reduction of poverty while its impact is positive with regard to equality. In addition, elderly rural households are experiencing the most serious poverty, and their inequality problems compared with other household groups and within group inequality worsens with demographic transition. These findings not only advance the previous literature but also deserve particular attention from Chinese policy makers.
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spelling CGSpace1486452025-11-06T07:18:04Z Will China’s demographic transition exacerbate its income inequality? A CGE modeling with top-down microsimulation Wang, Xinxin Chen, Kevin Z. Robinson, Sherman Huang, Zuhui mathematical models economic development macroeconomics computable general equilibrium models demography poverty equality Demographic transition due to population aging is an emerging trend throughout the developing world, and it is especially acute in China, which has undergone demographic transition more rapidly than have most industrial economies. This paper quantifies the distributional effects in the context of demographic transition using an integrated recursive dynamic computable general equilibrium model with top-down behavioral microsimulation. The results of the poverty and inequality index indicate that population aging has a negative impact on the reduction of poverty while its impact is positive with regard to equality. In addition, elderly rural households are experiencing the most serious poverty, and their inequality problems compared with other household groups and within group inequality worsens with demographic transition. These findings not only advance the previous literature but also deserve particular attention from Chinese policy makers. 2016-09-29 2024-06-21T09:25:19Z 2024-06-21T09:25:19Z Working Paper https://hdl.handle.net/10568/148645 en https://hdl.handle.net/10568/151294 https://hdl.handle.net/10568/151012 Open Access application/pdf International Food Policy Research Institute Wang, Xinxin; Chen, Kevin Z.; Robinson, Sherman; and Huang, Zuhui. 2016. Will China’s demographic transition exacerbate its income inequality? A CGE modeling with top-down microsimulation. IFPRI Discussion Paper 1560. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/148645
spellingShingle mathematical models
economic development
macroeconomics
computable general equilibrium models
demography
poverty
equality
Wang, Xinxin
Chen, Kevin Z.
Robinson, Sherman
Huang, Zuhui
Will China’s demographic transition exacerbate its income inequality? A CGE modeling with top-down microsimulation
title Will China’s demographic transition exacerbate its income inequality? A CGE modeling with top-down microsimulation
title_full Will China’s demographic transition exacerbate its income inequality? A CGE modeling with top-down microsimulation
title_fullStr Will China’s demographic transition exacerbate its income inequality? A CGE modeling with top-down microsimulation
title_full_unstemmed Will China’s demographic transition exacerbate its income inequality? A CGE modeling with top-down microsimulation
title_short Will China’s demographic transition exacerbate its income inequality? A CGE modeling with top-down microsimulation
title_sort will china s demographic transition exacerbate its income inequality a cge modeling with top down microsimulation
topic mathematical models
economic development
macroeconomics
computable general equilibrium models
demography
poverty
equality
url https://hdl.handle.net/10568/148645
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