Title: The Effects of Local Government Competition,Urban and Rural Financial Efficiency on the Income Disparity among Urban and Rural Residents——Based on Dynamic Panel Data Model
Abstract: Based on the provincial panel data of China from 1985 to 2011,using GMM analysis,mixed regression and fixed effect method,this paper empirically tests and verifies the effects of the three main factors including urban financial efficiency,rural financial efficiency and local government competition on the income disparity among urban and rural residents. This paper draws the conclusion:a negative correlation exists between the income disparity amongurban and rural residents and the change of urban financial efficiency and a positive correlation exists between local government competition and rural financial efficiency and their effects on theincome disparity among urban and rural residents. This paper also draws the conclusion that a negative correlation exists between the degree ofgovernmental participation in economy and employment urbanization and their effects on therural income disparity among urban and rural residents and a positive correlation exists between human capital accumulation and its effects on the income disparity among urban and rural residents.
Publication Year: 2015
Publication Date: 2015-01-01
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot