scholarly journals How Does the Urban-rural Income Disparity Affect Economic Growth?

2017 ◽  
Vol 65 (1) ◽  
pp. 245-257
Author(s):  
Xiaojing Chao ◽  
Xiaopeng Tan
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Rural Areas ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Negative Influence ◽  
Income Disparity ◽  
Rural Income ◽  
Urban Rural ◽  
Urban And Rural Areas

The overall relation of urban-rural income inequality to economic growth is complex. As the widening income gap between urban and rural areas, the rural residents are unwilling and unable to invest in human capital, which restricts China’s long-term economic growth. By empirically analyzing Chinese provincial panel data from 1995 to 2012, we find the material capital investment and the human capital investment have highly significantly positive coefficients for explaining economic growth, however, the urban-rural income disparity is significantly negative for the human capital investment, moreover, the change shows that there is a negative influence of urban-rural income disparity on the economic growth.

scholarly journals Financial Deepening, Spatial Spillover, and Urban–Rural Income Disparity: Evidence from China

2020 ◽  
Vol 12 (4) ◽  
pp. 1450 ◽  
Author(s):  
Maosheng Ran ◽  
Liang Chen ◽  
Wanli Li
Keyword(s):  
Financial Development ◽  
Rural Areas ◽  
Proximity Effect ◽  
Local Effect ◽  
Income Disparity ◽  
Financial Deepening ◽  
Rural Income ◽  
Central Regions ◽  
Urban Rural ◽  
Urban And Rural Areas

Financial development is one of the main sources of economic growth, whether financial deepening can lower the income inequality between urban and rural areas has been the focus of policy makers and researchers. Using data from 31 provinces in China, from 2002 to 2013, this paper examines the impact of financial deepening on income inequality between urban and rural areas. These empirical results show that financial deepening is significantly negatively associated with urban–rural income disparity, that is, for every 1% increase in financial deepening urban–rural income disparity can be reduced by about 0.5%. Further research has investigated that the influence of financial deepening on income disparity has a selective effect. From the decomposition effect of financial deepening, we also find that the proximity effect of the Eastern and Central regions is higher than that of the local effect, while the local effect of the Western region is higher than that of the Eastern and Central regions, but the proximity effect is not significant. The conclusion of this paper is of great significance to further deepen financial reform, improve the quality of financial development, and achieve sustainable development of economy.

The Role of Human Capital Investment in Poverty Alleviation and Improvement of Indonesian Human Performance in Dignified Economic Independence

2021 ◽  
Vol 1 (1) ◽  
pp. 132-135
Author(s):  
Nur Sholeh Hidayat ◽  
◽  
Eddy Priyanto
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Investment ◽  
Human Performance ◽  
Moving Average ◽  
Human Capital Investment ◽  
Secondary Data ◽  
Economic Independence ◽  
Education And Health

This research studies the role of human capital investment through the mechanism of improving education and health services in efforts to alleviate poverty and increase economic independence with dignity in the form of improving the performance of Indonesia's human resources which is reflected in Indonesia's economic growth. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We find that investment in education and investment in health is positively related to economic growth. And, poverty is negatively related to economic growth. This indicates that human capital investment in Indonesia is able to promote economic growth and alleviate poverty in Indonesia.

Mortality decline, human capital investment, and economic growth

2000 ◽  
Vol 62 (1) ◽  
pp. 1-23 ◽  
Author(s):  
Sebnem Kalemli-Ozcan ◽  
Harl E. Ryder ◽  
David N. Weil
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Mortality Decline

scholarly journals Fiscal Behavior Volatility, Economic Growth, and Urban-Rural Income Disparity

2014 ◽  
Vol 2 (3) ◽  
pp. 217-225
Author(s):  
Yufeng Wang ◽  
Shulin Liu
Keyword(s):  
Economic Growth ◽  
Financial Development ◽  
Local Governments ◽  
Economic Transition ◽  
Income Disparity ◽  
Dynamic Panel Model ◽  
Rural Income ◽  
Panel Model ◽  
Urban Rural ◽  
Fiscal Behavior

AbstractFiscal behavior of local governments has great volatility in China, especially in the period of economic transition. This paper estimates fiscal behavior volatility by making regression analysis of panel data of 30 provinces from 1994 to 2011. Then we establish a dynamic panel model to study the direct and indirect impact of the fiscal behavior volatility on the urban-rural income disparity. Empirical results show that urban-rural income disparity has nonlinear relationship with economic growth and financial development and that fiscal behavior volatility expands the urban-rural income disparity directly and indirectly. The larger fiscal behavior volatility comes greater urban-rural income disparity. We also find that the urban-rural income disparity is further enlarged through dual economic structure. If one of the economic growth and financial development is fixed, the other one has an inverted U-shaped relationship with urban-rural income disparity.

scholarly journals Human Capital Investment, Inequality, and Economic Growth

2016 ◽  
Vol 34 (S2) ◽  
pp. S99-S127 ◽  
Author(s):  
Kevin M. Murphy ◽  
Robert H. Topel
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Capital Investment ◽  
Human Capital Investment

scholarly journals Population and Economic Growth Under Different Growth Engines

2017 ◽  
Vol 18 (2) ◽  
pp. 182-211 ◽  
Author(s):  
Alberto Bucci ◽  
Xavier Raurich
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Human Capital ◽  
Population Growth ◽  
Capital Accumulation ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Physical Capital ◽  
Long Run

Abstract Using a growth model with physical capital accumulation, human capital investment and horizontal R&D activity, this paper proposes an alternative channel through which an increase in the population growth rate may yield a non-uniform (i.e., a positive, negative, or neutral) impact on the long-run growth rate of per-capita GDP, as available empirical evidence seems mostly to suggest. The proposed mechanism relies on the nature of the process of economic growth (whether it is fully or semi-endogenous), and the peculiar engine(s) driving economic growth (human capital investment, R&D activity, or both). The model also explains why in the long term the association between population growth and productivity growth may ultimately be negative when R&D is an engine of economic growth.

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