Study on the Influence of Inclusive Finance Development Level on Urban-Rural Income Gap in Guizhou Province

DOI

10.2991/seiem-18.2019.144How to use a DOI?

Keywords

Inclusive finance; Income gap between urban and rural areas; Vector autoregressive model

Abstract

The relationship between inclusive finance and urban-rural income gap has become a social concern. In this paper, VAR vector autologous regression model was adopted to construct the inclusive finance index system. Data from Guizhou Province from 2007 to 2017 were selected to analyze the relationship between inclusive finance and urban-rural income gap in Guizhou through Granger test, Impulse response and Variance decomposition. The results showed that the development level of inclusive finance in Guizhou Province improved year by year, but the development level was not high and the development was not sTABLE. Inclusive finance is a One-way causal relationship between urban and rural income gap; In the fourth order of the optimal lag order, inclusive finance has a negative impact on the urban-rural income gap. At the same time, when the urban-rural income gap lags for four periods, it falls under its own influence and rises under the influence of inclusive finance.

Copyright

© 2019, 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  - Baiyun Chen
AU  - Ying Ni
PY  - 2019/01
DA  - 2019/01
TI  - Study on the Influence of Inclusive Finance Development Level on Urban-Rural Income Gap in Guizhou Province
BT  - Proceedings of the 3rd International Seminar on Education Innovation and Economic Management (SEIEM 2018)
PB  - Atlantis Press
SP  - 553
EP  - 556
SN  - 2352-5398
UR  - https://doi.org/10.2991/seiem-18.2019.144
DO  - 10.2991/seiem-18.2019.144
ID  - Chen2019/01
ER  -