Long-run relationship between income inequality and financial development in China

被引:39
作者
Jalil, Abdul [1 ]
Feridun, Mete [2 ]
机构
[1] Quaid I Azam Univ, Sch Econ, Islamabad 45320, Pakistan
[2] Eastern Mediterranean Univ, Fac Business & Econ, Dept Banking & Finance, TR-10 Gazi Magosa, Mersin, Turkey
关键词
income inequality; financial development; China; ECONOMIC-GROWTH; LIBERALIZATION; INTERMEDIATION; UNEMPLOYMENT; INFLATION; URBAN;
D O I
10.1080/13547860.2011.564745
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article aims at investigating the long-run relationship between financial development and income inequality in China using Autoregressive Distributed Lag (ARDL) model from 1978 to 2006. The results suggest that there exists a strong relationship between the Gini coefficient and financial development, and that financial development leads to a reduction in the income inequality.
引用
收藏
页码:202 / 214
页数:13
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