Proceedings of the 6th International Conference on Electronic, Mechanical, Information and Management Society

An Empirical Analysis of Financial Development and Urban Rural Income Gap—Take a Sample of Hunan Province

Authors
Yilin Chen
Corresponding Author
Yilin Chen
Available Online April 2016.
DOI
https://doi.org/10.2991/emim-16.2016.256How to use a DOI?
Keywords
Financial development; The income gap between urban and rural areas; Vector auto-regressive model; Co-integration test
Abstract
As the core of economic resource allocation, finance has important implications for economic development and the income gap between urban and rural areas. Based on the perspective of financial development, using vector auto-regressive model, Co-integration test, and impulse response function, we have made an empirical study on relationship between financial development and urban-rural income gap in human province from 1978 to 2011. The result shows that there is a long-term equilibrium relationship between financial development scale and efficiency of financial development on the income gap between urban and rural areas of Hunan province. The results of pulse showed that: the scale of the financial development has been a negative response to the income gap between urban and rural, the efficiency of financial development has been a positive response to the income gap.
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Proceedings
6th International Conference on Electronic, Mechanical, Information and Management Society
Part of series
Advances in Computer Science Research
Publication Date
April 2016
ISBN
978-94-6252-176-6
ISSN
2352-538X
DOI
https://doi.org/10.2991/emim-16.2016.256How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yilin Chen
PY  - 2016/04
DA  - 2016/04
TI  - An Empirical Analysis of Financial Development and Urban Rural Income Gap—Take a Sample of Hunan Province
BT  - 6th International Conference on Electronic, Mechanical, Information and Management Society
PB  - Atlantis Press
SP  - 1252
EP  - 1256
SN  - 2352-538X
UR  - https://doi.org/10.2991/emim-16.2016.256
DO  - https://doi.org/10.2991/emim-16.2016.256
ID  - Chen2016/04
ER  -