Is financial development narrowing the urban-rural income gap? A cross-regional study of China

被引：27
|
作者：
Su, Chi-Wei [1 ]
Song, Yu [2 ]
Ma, Ye-Ting [3 ]
Tao, Ran [4 ]
机构：
[1] Qingdao Univ, Sch Econ, Qingdao, Shandong, Peoples R China
[2] Ocean Univ China, Dept Finance, 238 Songlin Rd, Qingdao, Shandong, Peoples R China
[3] Qingdao Univ, Dept Finance, Qingdao, Shandong, Peoples R China
[4] Qingdao Municipal Ctr Dis Control & Preventat, Qingdao, Shandong, Peoples R China
来源：
PAPERS IN REGIONAL SCIENCE | 2019年 / 98卷 / 04期
关键词：
Financial Kuznets curve; Panel Granger causality analysis; Financial development; Urban-rural income gap; ECONOMIC-GROWTH; KUZNETS CURVE; INEQUALITY; URBANIZATION; MODEL; LIBERALIZATION; GLOBALIZATION; EVOLUTION; CAUSALITY; TRADE;
D O I：
10.1111/pirs.12428
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper investigates the causal relationship between financial development and the urban-rural income gap in China. Using a bootstrap Granger panel causality analysis, the result indicates that financial development influences urban-rural income gap mainly in Eastern China. The high level of financial development in this region enables rural areas to increase its income. Our results also confirm the existence of the financial Kuznets curve in Eastern China where urban-rural income gap would be first increased and afterwards decreased by financial development. The financial development itself is not dependent on urban-rural income gap as it largely depends on government policies and economic growth.
引用
收藏
页码：1779 / +
页数：23
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