... relationship among financial development, income inequality and economic growth. Financial development helps the poor to achieve growth by improving capital allocation and promoting economic growth. However, the income distribution effect of financial development depends on the level of economic development...

... of this paper is to analyze and simulate the influence of income distribution changes on fluid milk consumption of households in urban China. Design/methodology/approach This study applies an inverse hyperbolic sine (IHS) double-hurdle model to modeling at-home fluid milk consumption of households across...

...Yong Wang Purpose The purpose of this paper is to explore how the processes of (de)industrialization and rural income distribution interact with each other and their implications for economic growth and welfare. Design/methodology/approach This paper takes a dynamic general-equilibrium...

... in income distribution patterns on food demand in rural China. Design/methodology/approach In this study, the authors partition the households into five income classes according to the distribution of household per capita net income. Using household data drawn from the China Health and Nutrition Survey...

... to the underlying income distribution. This relative definition of middle class was adopted by Easterly (2001) , who defined middle class as those between the second and fourth quintile in terms of consumption expenditure, and by Birdsall et al. (2000) who used 0.75 and 1.25 times median per capita...