Research on the impact of government financial expenditure for people’s livelihood on consumption gap between urban and rural residents in China: An cointegration analysis using panel data (1995-2009) of 31 provinces

2012 ◽  
Vol 6 (22) ◽  
Author(s):  
Ji Jiang-Ming
Author(s):  
Yao Li

With the rise of the tertiary industry, the financial industry has achieved unprecedented development, which is mainly reflected in the rapid growth of economic aggregate, the increasingly balanced financial structure system and the increasingly diversified financial products. However, with the rapid development of financial industry, the income of urban and rural residents is increasingly unbalanced. The increasing income gap between urban and rural areas has caused a large number of adverse phenomena in the process of economic development, seriously affecting the income distribution of the people and even causing social instability. Therefore, in today’s big data era, it is necessary to systematically study and analyze the impact of financial industry development on the national income gap between urban and rural areas. At the same time, it is of great significance to improve the problem of excessive income gap between urban and rural areas. This paper mainly analyses the relationship between the three effects of the development of financial industry and the income gap between urban and rural residents. In the empirical aspect, the paper creatively uses the fuzzy Kmeans clustering algorithm to regression analysis the panel data of a certain area from 2010 to 2018. At the same time, in the empirical data analysis, this paper creatively replaces the European norm measure of the Kmeans clustering algorithm with the AE measure, and puts forward a proposal. The index of financial development level is based on the proportion of loans from financial institutions. Through theoretical and empirical analysis, this paper draws the following conclusions: the financial scale in the financial industry will have a huge impact on the income gap between urban and rural areas. Finally, based on the above problems and current situation, this paper puts forward relevant improvement suggestions.


2012 ◽  
Vol 12 (3) ◽  
pp. 1850263 ◽  
Author(s):  
Ekrem Erdem ◽  
Can Tansel Tugcu

The aim of this paper is to find a new answer to an old question “Is economic freedom good or not for economies?” which was refreshed after the Global Financial Crisis of 2008. For this purpose, the relationship between economic freedom and economic growth, and the relationship between economic freedom and total factor productivity in OECD countries were investigated by using panel data for the period of 1995-2009. Study employed the recently developed cointegration test by Westerlund (2007) and the estimation technique by Bai and Kao (2006) which account for cross-sectional dependence that is an important problem in the panel data studies. Although no significant relationship found between economic freedom and total factor productivity, cointegration analysis revealed that economic freedom matters for economic growth in OECD countries in the long-run, and estimation results showed that direction of the impact is negative.


2020 ◽  
Vol 218 ◽  
pp. 01034
Author(s):  
Yan Li ◽  
Zhi-wei Liu ◽  
Nan-nan Li ◽  
Jia-li Zhang ◽  
Ya-chen Wang ◽  
...  

As an internal driving force to promote economic growth, residents’ consumption also has an important impact on energy consumption. Based on the difference of consumption structure between urban and rural residents, this paper introduces the income gap variable of urban and rural residents, analyzes the impact of urban and rural residents’ consumption on energy consumption, and provides reference for the implementation of energy conservation and emission reduction policies. On this basis, the author believes that the government should take flexible measures to control energy consumption according to the differences between urban and rural areas, make accurate efforts, and steadily promote the implementation of energy conservation and emission reduction.


2021 ◽  
Vol 51 (8) ◽  
Author(s):  
Xinyue Dong ◽  
Fan Yang

ABSTRACT: Based on survey data of the income distribution and living conditions of urban and rural residents collected by the China Economic Monitoring and Analysis Center in 2014, we investigated the mechanisms related to informal credit constraints on farmer health and then empirically analyzed the impacts of such constraints. Results showed that, in general, informal credit constraints significantly negatively impact farmer health. Compared with farmers whose credit was not informally constrained, the probability of farmers who faced informal credit constraints describing their self-rated health as “very good” fell by 6.64%. After controlling for endogenous problems, this proportion rose to 28.87%. Correspondingly, the probability of describing self-rated health as “very bad” increased by 0.45%. After controlling for endogenous problems, this proportion rose to 0.81%. The robustness test showed that our conclusions are strongly robust. Informal credit constraints significantly positively impacted the number of days of illness in 2013 in the sample of farmers, which means farmers who suffered from informal credit constraints required more sick days than those who did not experience informal credit constraints in 2013. As far as we know, this is the first study on the impact of informal credit constraints on Chinese farmer health.


2021 ◽  
Vol 13 (11) ◽  
pp. 6427
Author(s):  
Naishu Yu ◽  
Yanzhe Wang

This paper empirically studies the impact of digital inclusive finance on the income structure of urban and rural residents in eastern, central, and western China. The results show that, first, digital inclusive finance is beneficial to narrowing the urban–rural per capita disposable income gap that has a disequilibrium effect among regions. Second, narrowing the wage income, property income, and transfer income gaps is beneficial but has little effect on the net operating income gap between urban and rural residents. Third, narrowing the wage income, property income, and transfer income gaps reduces the total income gap, and the wage income gap has the strongest intermediary force. In the end, the paper puts forward corresponding countermeasures for the development of digital inclusive finance to narrow each of these income gaps in different regions of China.


2021 ◽  
Vol 2021 ◽  
pp. 1-17
Author(s):  
Feng Zhao ◽  
Pingping Sun ◽  
Jie Zhang

In recent years, China has become the world’s largest importer of grain, and scholars have particularly examined whether China’s grain import trade presents this effect. By applying cointegration analysis to trade statistics panel data of China’s wheat, corn, rice, and soybean production and imports from January 2016 to December 2019, this paper empirically tests for the existence of the great country effect in China’s grain import trade. The results show that during the sample period, there is a long-term stable equilibrium relationship between the import volume, domestic price, and international price of the four major grains; the great country effect in the import trade of wheat and rice is not significant. The imports of corn and soybean present a great country effect to a certain extent in the short term; moreover, a change in the grain price in the international market does not lead to a change in China’s grain import volume, which shows that the great country effect in China’s grain import trade is distorted. Therefore, China should pay close attention to the impact of international factors on the fluctuation of its own food prices and enhance its ability to rationally utilize the international food market and international agricultural resources to ensure domestic food security.


2009 ◽  
Vol 36 (3) ◽  
pp. 208-217 ◽  
Author(s):  
MARGARITA TRIGUERO-MAS ◽  
MARC OLOMÍ-SOLÀ ◽  
NAVEEN JHA ◽  
FRANCISCO ZORONDO-RODRÍGUEZ ◽  
VICTORIA REYES-GARCÍA

SUMMARYResearchers, governments and conservation organizations recognize that the long-term integrity of protected areas (PAs) in low-income nations depends upon the support of indigenous and rural communities that live within or around them. Thus, understanding the determinants of residents’ attitudes towards PAs might provide guidance in the design, implementation and evaluation of this strategic form of biodiversity conservation. This paper (1) compares urban and rural residents’ perceptions of the impact of a PA and (2) analyses the association between the perception of economic, social and environmental impacts, and overall attitude towards the PA. Information was collected among urban and rural residents living in the vicinity of the Dandeli Wildlife Sanctuary in the Western Ghats (Karnataka, India). Local residents’ attitudes towards the PA were mainly positive, especially among urban residents. Multivariate analysis showed a positive association between the perception of economic benefits and individual attitudes towards the PA. There was no statistically significant association between attitudes towards the PA and perception of social and environmental impacts. Future research should address whether positive attitudes translate into more sustainable behaviours.


2012 ◽  
Vol 2012 ◽  
pp. 1-7 ◽  
Author(s):  
J. Scott Carter ◽  
Mamadi Corra

The purpose of this paper is to assess the classical theoretical propositions of Wirth and Stouffer regarding the independent impact of urban and suburban residency on beliefs about racial inequality. This paper further assesses the impacts of these social locations over a three-decade period. While scholars pose that city size positively impacts behavior, there is debate regarding the impact of these locations over time. Using the General Social Survey, findings demonstrate that while urbanism continues to have an independent impact on beliefs, the impact of suburban residency is much weaker and inconsistent. Analyses of over time trends reveal that the gap between urban and rural residents appears to have increased, with rural residents expressing more intolerant beliefs about the causes of racial inequality over time. These findings are further discussed in a broader theoretical context.


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