Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023)

The Amelioration of Sharing Economy on Income Inequality in Developing Country

Authors
Sirui Feng1, *, Zimo Tu2, Honglin Yuan3
1Guiyang No.1 High School, Guiyang, 550081, China
2Wuhan Britain-China School, Wuhan, 430030, China
3Wuhan Haidian Foreign Shiyan School, Wuhan, 430200, China
*Corresponding author. Email: fengsiruigyyz@163.com
Corresponding Author
Sirui Feng
Available Online 26 September 2023.
DOI
10.2991/978-94-6463-246-0_92How to use a DOI?
Keywords
Sharing economy; income inequality; unemployment
Abstract

In recent years, sharing economy has been developing rapidly all over the world. As a new business model, it provides a way to utilize goods or resources without ownership. People can use resources without purchasing them, which reduces people’s use cost and improves the utilization rate of social resources. The booming sharing economy has provided massive opportunities for many people to join the market, including people from developing countries. In order to explore whether the sharing economy can help developing countries solve the problem of income inequality, we explored this issue through the existing books and literature. The prevalence of sharing economy provides many low-cost services for developing countries and reduces people’s living costs. With the reduction of living expenses, people’s real income increases, so they have more disposable funds. At the same time, the operation has created a large number of platforms and jobs. With the expansion of the user market and labor market, the sharing economy provides more people with a stable source of work and income.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
26 September 2023
ISBN
978-94-6463-246-0
ISSN
2352-5428
DOI
10.2991/978-94-6463-246-0_92How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Sirui Feng
AU  - Zimo Tu
AU  - Honglin Yuan
PY  - 2023
DA  - 2023/09/26
TI  - The Amelioration of Sharing Economy on Income Inequality in Developing Country
BT  - Proceedings of the 3rd International Conference on Economic Development and Business Culture (ICEDBC 2023)
PB  - Atlantis Press
SP  - 761
EP  - 767
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-246-0_92
DO  - 10.2991/978-94-6463-246-0_92
ID  - Feng2023
ER  -