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Notes
- 1.
For detailed calculation procedure, see Chen Zongsheng and Zhou Yunbo (2002: 26–27).
- 2.
One of the authors covered the relation between phasic institutional reform and urban–rural income inequality from 1978 to 1999 in his previous study. Here we will continue the study by extending the time span to the beginning of the new century.
- 3.
According to calculation, the correlation coefficient of per capita GDP to the share of urban population amounts to 0.97. It is because of the strong degree of correlation between the two variables that the share of urban population is used as an important index in judging the development level of an economy by some scholars who thereby derive an inverted U relation between economic development and the change of income inequality.
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Zhou, Y., Qin, Y. (2012). Income Inequality of China’s Total Resident and the Factors Which Impact It. In: Empirical Analysis on Income Inequality of Chinese Residents. Gu Shutang Academic Fund of Economics, vol 1. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-24952-5_5
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