18. November 2019

Seminar Series on Research in Development Economics

From workers to capitalists in less than two generations: A study of Chinese urban elite transformation between 1988 and 2013

Termin

18. November 2019
12:30 - 14:00

Ort

Conference Room 33002c nn
DIW Berlin
Room 3.3.002c
Mohrenstraße 58
10117 Berlin

SprecherInnen

Li Yang, Paris School of Economics

Economic and social transformation of China during the past 40 years is without precedent in human history. While the economic transformation was extensively studied, social transformation was not. In this paper, we use for the first time harmonized household surveys covering the period 1988-2013 to study the changes in the characteristics the richest 5 percent of China’s urban population. We find that the elite changed from being composed of high government officials, clerical staff, and workers in 1988 to professionals and small and large business owners in 2013. The educational level of the elite increased substantially. Membership in CCP has a positive (albeit small) effect on one’s income but is particularly valuable to large business owners.  

Speaker

Li Yang, Paris School of Economics

Kontakt

Katharina Lehmann-Uschner

Wissenschaftliche Mitarbeiterin in der Abteilung Weltwirtschaft