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Urbanization, inclusive finance and urban-rural income gap

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  • Chaohua He
  • Hongyan Du

Abstract

By exploring the economic data in 31 Chinese provinces during 2006–2018, this paper discovers that: (1) inclusive finance narrows the urban-rural income gap mainly by improving financial quality; (2) urbanization outweighs inclusive finance in reducing the urban-rural income gap; (3) urbanization and inclusive finance (exclusive of financial quality) weaken each other in bridging the urban-rural income gap. The findings are robust to the endogeneity problem.

Suggested Citation

  • Chaohua He & Hongyan Du, 2022. "Urbanization, inclusive finance and urban-rural income gap," Applied Economics Letters, Taylor & Francis Journals, vol. 29(8), pages 755-759, May.
  • Handle: RePEc:taf:apeclt:v:29:y:2022:i:8:p:755-759
    DOI: 10.1080/13504851.2021.1885603
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    Cited by:

    1. Zhe Zhang, 2022. "Research on the Impact of Digital Finance on China's Urban-Rural Income Gap," Review of Economic Assessment, Anser Press, vol. 1(1), pages 63-75, December.
    2. Na Ta & Bo Gao, 2022. "RETRACTED ARTICLE: Applying blockchain technology in the corporate bond model for default risk assessment under the marketization principle," Operations Management Research, Springer, vol. 15(3), pages 879-890, December.
    3. Xiejun Cheng & Min Zhang & Jiayi Xu & Jingrong Xu & Decai Tang, 2023. "Research on the Impact of Sustainable Urbanization on Urban Rural Income Disparity in China," Sustainability, MDPI, vol. 15(6), pages 1-12, March.
    4. Du, Yanan & Wang, Qingxi & Zhou, Jianping, 2023. "How does digital inclusive finance affect economic resilience: Evidence from 285 cities in China," International Review of Financial Analysis, Elsevier, vol. 88(C).
    5. Qianqian Li & Qilin Liu, 2023. "Impact of Digital Financial Inclusion on Residents’ Income and Income Structure," Sustainability, MDPI, vol. 15(3), pages 1-20, January.

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