Impact of Financial Development on Income Inequality in China:An Empirical Study Based on VAR Model

摘要：

　　Based on VAR Model and relevant data from 1981 to 2008,this paper conducted an empirical study on the impact of financial development on income inequality in China.According to the research result,there is a long-term and stable relationship between financial development and income inequality,and the former has positive impact on the latter.Meanwhile,economic growth is the Granger Cause of financial development,and financial development is the Granger Cause of income inequality.Therefore,to improve income distribution,China should try to lower the threshold of the financial market and create a free,open and fair financial market and vigorously promote the financial development in rural areas and impoverished areas.

作者: XINWU CHEN TAOZHEN SHENG

作者单位: Huazhong University of Science and Technology,1037 Luo Yu Road,Wuhan,Hubei 430074,P.R.China

会议类型: 国际会议

会议名称: 2014 International Conference on Management and Engineering(CME 2014)(2014管理与工程国际会议)

会议地点: 上海

会议语种:英文

页码: 1-7

在线出版日期: 2014-05-24（万方平台首次上网日期，不代表论文的发表时间）