An empirical study on financial development and urban-rural income disparity in Tianjin

Author

Wei, Wang

Author_Institution

Sch. of Econ. & Manage., Beijing Jiaotong Univ., Beijing, China

fYear

2010

fDate

17-19 Sept. 2010

Firstpage

157

Lastpage

160

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;

fLanguage

English

Publisher

ieee

Conference_Titel

Information and Financial Engineering (ICIFE), 2010 2nd IEEE International Conference on

Conference_Location

Chongqing

Print_ISBN

978-1-4244-6927-7

Type

conf

DOI

10.1109/ICIFE.2010.5609272

Filename

5609272