Education and Income Distribution: Theoretic Logics and Actual Evidence

doi:10.16382/j.cnki.1000-5560.2023.10.001

Abstract

Abstract:

There is an inconsistence between theory and fact in education and income distribution. Human capital theory including the marginal productivity, and the opinion of increasing income and further narrowing income gap by improving human capital level, and Kuznets Curve that market automatically solves income distribution problem constitute the theoretic logic of education and income distribution. The mass process of education democratization and popularization hasn’t narrowed the income gap in the past few hundred years history of western developed countries. The coexistence of education popularization level and income gap expansion, the coexistence of higher return of schooling and lower labor income share, and the coexistence of competitive education race and the lower share of education determining individual income since reform and opening-up disclose factual evidence inconsistent with theory expectations. Which type of education should be developed and how to provide environment with education is an explanation above inconsistency, and is also the future direction of solving income distribution via education: build compensative public education system based on life cycle to narrow education inequality; implement labor market reform and actual change of education opinion synchronizedly; complete and improve high level market and create the institution environment good for human capital.

Key words: common prosperity, income distribution, the process of education democratization and popularization, human capital

Yuhong Du, Yanbin Guo. Education and Income Distribution: Theoretic Logics and Actual Evidence[J]. Journal of East China Normal University(Educational Sciences), 2023, 41(10): 1-11.

Figures/Tables 5

References 0

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	城镇居民收入差距			城镇工人工资不平等		居民收入
	1988	1995	2002	1995—2002	2002—2013	2010中国	2010美国
地区因素	14.055%	29.834%	32.229%			12%	<2%
教育因素	1.939%	8.410%	11.122%	31%	40%
行业因素				94%	65%
城乡因素						10%	0%

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