Review of Behavioral Economics > Vol 10 > Issue 2

Opportunity Inequality of Property Income Distribution: Measurement, Decomposition, and Comparison

Xiaodong Chen, School of Economics, Guangdong University of Finance & Economics, China, 2755027633@qq.com , Miraj Ahmed Bhuiyan, School of Economics, Guangdong University of Finance & Economics, China, ahmed.miraz@qq.com
 
Suggested Citation
Xiaodong Chen and Miraj Ahmed Bhuiyan (2023), "Opportunity Inequality of Property Income Distribution: Measurement, Decomposition, and Comparison", Review of Behavioral Economics: Vol. 10: No. 2, pp 77-103. http://dx.doi.org/10.1561/105.00000170

Publication Date: 07 Jun 2023
© 2023 X. Chen and M. A. Bhuiyan
 
Subjects
Labor economics,  Law and economics
 
Keywords
JEL Codes: D31, D33, E24
Property incomeunequal opportunitiesShapley value decompositionpath analysisshared prosperitycrisk preference
 

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In this article:
1. Introduction 
2. Literature Review 
3. Research Methods 
4. Variable Selection and Data Source Description 
5. Analysis of Research Results 
6. Conclusions and Implications 
References 

Abstract

This paper measures the degree of opportunity inequality of property income distribution of Chinese residents by using the method of censored regression and calculates the contribution share of different environmental factors in the opportunity inequality of property income distribution. Using the method of Shapley value decomposition, the results show that: the degree of opportunity inequality of property income distribution accounts for about 1/3 to 1/4 of the total property income inequality, which is higher than that of the wage income distribution. In addition, the opportunity inequality of property income distribution of residents in China has prominent gender and age differences, while regional differences are not noticeable. This study provides certain theoretical support and a factual basis for promoting the policy implementation of the goal of shared prosperity.

DOI:10.1561/105.00000170