The Empirical Research on the Relationship between Price Fluctuation and Urban-rural Income Gap

DOI

10.2991/ichssr-16.2016.56How to use a DOI?

Keywords

Price Fluctuation, Urban-rural Income Gap, Granger causality, VAR model

Abstract

This study analyzes the relationship between price fluctuation and urban-rural income gap by the granger causality test, vector auto-regressive(VAR) model, impulse response function and variance decomposition. The results of the granger causality test indicate that there is a one-way causal relationship between price fluctuation and urban-rural income gap. Price fluctuation is the granger cause of the urban-rural income gap. There is a negative impact of price fluctuation on the urban-rural income gap from the result of impulse response function and the contribution rate of the price fluctuation to urban-rural income gap is about 25%. At the end of the study, the reason for these results is explained.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yaxu Li
AU  - Shujun Ye
PY  - 2016/07
DA  - 2016/07
TI  - The Empirical Research on the Relationship between Price Fluctuation and Urban-rural Income Gap
BT  - Proceedings of 2016 2nd International Conference on Humanities and Social Science Research (ICHSSR 2016)
PB  - Atlantis Press
SP  - 267
EP  - 270
SN  - 2352-5398
UR  - https://doi.org/10.2991/ichssr-16.2016.56
DO  - 10.2991/ichssr-16.2016.56
ID  - Li2016/07
ER  -