Are China's Financial Reforms Leaving the Poor Behind - Harvard ...

Table 6Deposits and Income Per Capita, 1994 to 1997NDep.p.c1994 1997 Annual %∆Income Dep. Income Dep.p.c. p.c p.c. p.cIncomep.c.Full sample 125 1002 1860 1487 2515 0.12 0.11ProvincesZhejiang 30 1572 2357 2377 3301 0.12 0.11Jiangsu 43 816 2160 1309 2844 0.14 0.11Sichuan* 21 593 1242 741 1612 0.10 0.09Shanxi* 31 785 871 998 1202 0.08 0.11Income quartilesI 31 1853 3169 2801 3910 0.13 0.07II 32 772 1876 1304 2709 0.15 0.12III 31 718 1308 901 1844 0.09 0.11IV 31 590 748 771 1111 0.08 0.13Bank typeABC 47 889 1882 1488 2526 0.15 0.11RCC 78 1076 1846 1485 2508 0.10 0.10Note: All values are converted to 1994 yuan using provincial CPIs. Means for depositand loan growth rates are weighted by base year starting values. Mean income p.c.growth is weighted by 1994 township population.40