Study on the Impact of the Development of Scale and Efficiency of Financial Institutions on the Income Inequality in China

DOI

10.2991/aebmr.k.200708.014How to use a DOI?

Keywords

development of financial institutions, efficiency of financial institutions, income inequality

Abstract

Many scholars study the relationship between the financial development and the urban-rural income inequality, but there are few researches about the intra-urban and intra-rural income inequality. By empirical testing, this paper finds that there is no long-term co-integrations relationship between the efficiency or scale of financial institutions and urban-rural income inequality. As for intra-urban income inequality, efficiency of financial institutions will increase the intra-urban income inequality but the scale of financial institutions will reduce the intra-urban income inequality. As for the intra-rural income inequality, only development of efficiency of financial institutions will reduce the intra-rural income inequality. The openness level is critically important in reducing the intra-rural income inequality.

Copyright

© 2020, 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  - Xiaoming Wang
AU  - Dong Li
AU  - Jiawu Gan
PY  - 2020
DA  - 2020/07/09
TI  - Study on the Impact of the Development of Scale and Efficiency of Financial Institutions on the Income Inequality in China
BT  - Proceedings of the 4th International Symposium on Business Corporation and Development in South-East and South Asia under B&R Initiative (ISBCD 2019)
PB  - Atlantis Press
SP  - 69
EP  - 74
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200708.014
DO  - 10.2991/aebmr.k.200708.014
ID  - Wang2020
ER  -