Title :
An empirical study on financial development and urban-rural income disparity in Tianjin
Author_Institution :
Sch. of Econ. & Manage., Beijing Jiaotong Univ., Beijing, China
Abstract :
From the view of financial development, the relations between financial development and urban-rural income gap in Tianjin from 1980 to 2008 were cointegration analyzed based on VAR model. Results indicated that a long-run equilibrium relation exists between financial development and urban-rural income gap in Tianjin. A positive correlation lies between financial development dimension, while a negative correlation exists between financial development efficiency and urban-rural income gap. At last, the result of empirical research was discussed and the policy implication was presented.
Keywords :
autoregressive processes; economics; financial management; salaries; Tianjin; VAR model; cointegration analysis; financial development; long-run equilibrium relation; policy implication; urban-rural income disparity; urban-rural income gap; Analytical models; Biological system modeling; Correlation; Economics; Finite impulse response filter; Testing; Time series analysis; Tianjin; cointegration analyzing; financial development; urban-rural income gap;
Conference_Titel :
Information and Financial Engineering (ICIFE), 2010 2nd IEEE International Conference on
Conference_Location :
Chongqing
Print_ISBN :
978-1-4244-6927-7
DOI :
10.1109/ICIFE.2010.5609272
