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Convergence or Divergence: Preferences for Establishing an Unemployment Subsidy During the COVID-19 Period by Taxing Across Earnings Redistribution in Urban China

With the advancement of marketization, China has achieved rapid economic growth and economic class differentiation. This research analyzes the data from China’s livelihood survey, divides the urban Chinese into five socio-economic classes, and tests their preferences and tendencies for income redist...

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Autores principales: Zhou, Yaping, Zhou, Jiangjie, Li, Yinan, Rui, Donggen
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9226365/
https://www.ncbi.nlm.nih.gov/pubmed/35756298
http://dx.doi.org/10.3389/fpsyg.2022.852792
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author Zhou, Yaping
Zhou, Jiangjie
Li, Yinan
Rui, Donggen
author_facet Zhou, Yaping
Zhou, Jiangjie
Li, Yinan
Rui, Donggen
author_sort Zhou, Yaping
collection PubMed
description With the advancement of marketization, China has achieved rapid economic growth and economic class differentiation. This research analyzes the data from China’s livelihood survey, divides the urban Chinese into five socio-economic classes, and tests their preferences and tendencies for income redistribution. It obtains the general attitude differences in subsidy policy and income inequality during COVID-19. Our conclusion are consistent with the existing literature to a great extent; that is, personal factors (self-interest and belief in fairness) play a crucial role in the attitude of Chinese citizens. In the analysis of situational factors, the results show that the higher the level of marketization, the people are more likely to have stronger negative emotions about subsidy or redistribution policies. Further analysis shows that people with the lowest income are susceptible to the fact that income inequality has become significant and show a strong willingness to support the government’s redistribution policy. In contrast, middle-class people tend to favor the government’s redistribution policy, although they will not benefit much from the redistribution policy. Therefore, they lack the motivation to support the government in vigorously implementing the subsidy policy. Significantly, high-income people are indifferent, as they lack such motivation even more. The difference in redistribution preferences between upper-class and lower-class groups signals polarization in Chinese society, especially income redistribution.
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spelling pubmed-92263652022-06-25 Convergence or Divergence: Preferences for Establishing an Unemployment Subsidy During the COVID-19 Period by Taxing Across Earnings Redistribution in Urban China Zhou, Yaping Zhou, Jiangjie Li, Yinan Rui, Donggen Front Psychol Psychology With the advancement of marketization, China has achieved rapid economic growth and economic class differentiation. This research analyzes the data from China’s livelihood survey, divides the urban Chinese into five socio-economic classes, and tests their preferences and tendencies for income redistribution. It obtains the general attitude differences in subsidy policy and income inequality during COVID-19. Our conclusion are consistent with the existing literature to a great extent; that is, personal factors (self-interest and belief in fairness) play a crucial role in the attitude of Chinese citizens. In the analysis of situational factors, the results show that the higher the level of marketization, the people are more likely to have stronger negative emotions about subsidy or redistribution policies. Further analysis shows that people with the lowest income are susceptible to the fact that income inequality has become significant and show a strong willingness to support the government’s redistribution policy. In contrast, middle-class people tend to favor the government’s redistribution policy, although they will not benefit much from the redistribution policy. Therefore, they lack the motivation to support the government in vigorously implementing the subsidy policy. Significantly, high-income people are indifferent, as they lack such motivation even more. The difference in redistribution preferences between upper-class and lower-class groups signals polarization in Chinese society, especially income redistribution. Frontiers Media S.A. 2022-06-10 /pmc/articles/PMC9226365/ /pubmed/35756298 http://dx.doi.org/10.3389/fpsyg.2022.852792 Text en Copyright © 2022 Zhou, Zhou, Li and Rui. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Zhou, Yaping
Zhou, Jiangjie
Li, Yinan
Rui, Donggen
Convergence or Divergence: Preferences for Establishing an Unemployment Subsidy During the COVID-19 Period by Taxing Across Earnings Redistribution in Urban China
title Convergence or Divergence: Preferences for Establishing an Unemployment Subsidy During the COVID-19 Period by Taxing Across Earnings Redistribution in Urban China
title_full Convergence or Divergence: Preferences for Establishing an Unemployment Subsidy During the COVID-19 Period by Taxing Across Earnings Redistribution in Urban China
title_fullStr Convergence or Divergence: Preferences for Establishing an Unemployment Subsidy During the COVID-19 Period by Taxing Across Earnings Redistribution in Urban China
title_full_unstemmed Convergence or Divergence: Preferences for Establishing an Unemployment Subsidy During the COVID-19 Period by Taxing Across Earnings Redistribution in Urban China
title_short Convergence or Divergence: Preferences for Establishing an Unemployment Subsidy During the COVID-19 Period by Taxing Across Earnings Redistribution in Urban China
title_sort convergence or divergence: preferences for establishing an unemployment subsidy during the covid-19 period by taxing across earnings redistribution in urban china
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9226365/
https://www.ncbi.nlm.nih.gov/pubmed/35756298
http://dx.doi.org/10.3389/fpsyg.2022.852792
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