Author(s)

Luqi Ou ¹, Haolin Lu ¹, Junhui Yang ¹

Affiliation(s)

¹ Finance of Tianjin Foreign Studies University, Tianjin, China

Corresponding Author

Luqi Ou

ABSTRACT

With the improvement of China's economic system, the economic level is increasing day by day. At the same time, it also injects vitality into the development of the financial industry. However, at the same time, the disadvantages of China's urban-rural dual structure are still very prominent, and the gap between urban and rural rich and poor is still a gap worthy of attention. With the further recovery and steady development of Finance in the future, how will the urban-rural dual structure be affected? Can financial development assist national policies to narrow the income gap between urban and rural areas, or will financial development further widen the income gap between urban and rural areas? With the help of Stata software, this paper will build a model according to the data on the official website of the National Bureau of statistics of China, and explore whether the three explanatory variables selected by the author, including financial development indicators, have an impact on the explained variable - the income gap between urban and rural residents in China, and to what extent. This paper will report in the order of model construction, regression estimation, model test and adjustment, empirical result analysis and economic conclusion analysis. The key research object is the explanatory effect and influence of the explained variable financial development index FIR on the explanatory variable.

KEYWORDS

Income gap between urban and rural areas, Regression analysis, Financial international ratio (FIR)

CITE THIS PAPER

Luqi Ou, Haolin Lu, Junhui Yang, Investigation and Analysis on the impact of financial development on urban-rural income gap. Financial Engineering and Risk Management (2022) Vol. 5: 106-114. DOI: http://dx.doi.org/10.23977/ferm.2022.050313.

REFERENCES

[1] Zhang Hao, Research on the influencing factors of urban-rural income gap in China [J]. North economic and trade, 2020 (02): 28-29.
[2] Zhao Jingjing, Analysis on Influencing Factors of income gap between urban and rural residents in China [J]. Modern marketing (next ten days), 2019 (11): 26-27 DOI:10.19932/j.cnki. 22-1256/f.2019.11.014.
[3] Li Xiaolu, Influencing factors and policy suggestions of urban-rural income gap in China [J]. Modern business, 2018 (28): 188-189 DOI:10.14097/j.cnki. 5392/2018.28.093.
[4] Ye Tian, Yuan Ye, Shu Yicheng. Econometric analysis and Countermeasures of influencing factors of urban-rural income gap in China [J]. Contemporary economy, 2013 (09): 113-115.
[5] Wang Kai, Ma Changfa. Study on Influencing Factors of China's urban-rural consumption gap based on quantile regression model [J]. Statistical theory and practice, 2022 (04): 11-16.

Sponsors, Associates, and Links

---

• Information Systems and Economics
  
  
• Accounting, Auditing and Finance
  
  
• Industrial Engineering and Innovation Management
  
  
• Tourism Management and Technology Economy
  
  
• Journal of Computational and Financial Econometrics
  
  
• Accounting and Corporate Management
  
  
• Social Security and Administration Management
  
  
• Population, Resources & Environmental Economics
  
  
• Statistics & Quantitative Economics
  
  
• Agricultural & Forestry Economics and Management
  
  
• Social Medicine and Health Management
  
  
• Land Resource Management
  
  
• Information, Library and Archival Science
  
  
• Journal of Human Resource Development
  
  
• Manufacturing and Service Operations Management
  
  
• Operational Research and Cybernetics