Financial Sector Development and Income Inequality in Vietnam Evidence at the Provincial Level

被引：11
|
作者：
Le Quoc Hoi [1 ]
Chu Minh Hoi [2 ]
机构：
[1] Natl Econ Univ, Econ, Fac Econ, Hanoi, Vietnam
[2] Minist Planning & Investment, Editorial Dept, Econ & Forecast Review, Hanoi, Vietnam
来源：
JOURNAL OF SOUTHEAST ASIAN ECONOMIES | 2013年 / 30卷 / 03期
关键词：
Financial sector development; income inequality; Vietnam;
D O I：
10.1355/ae30-3c
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Patterns of income distribution can be influenced by financial sector development. Using provincial-level data, this paper empirically investigates the relationship between financial sector development and income inequality in Vietnam from 2002 to 2008. The results indicate that financial sector development has a positive impact on reducing income inequality; this is consistent with the bulk of theoretical and empirical research. The results also confirm that financial sector development and education have joint effects on reducing income inequality. We also find no evidence to support the Greenwood-Jovanovic hypothesis of an inverted U-shaped relationship between the development of the financial sector and income inequality.
引用
收藏
页码：263 / 277
页数：15
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