中国金融发展与城镇居民收入差距关系的实证研究

Empirical Research of Relationship between Financial Development and Civic Income Gap

根据改革开放以来我国城镇居民收入差距的变化趋势,从金融中介发展的角度分析了金融和城镇居民收入分配间的关系。结果表明:金融发展和城镇居民收入的增长间有强正相关性,城镇居民收入增长是金融发展的格兰杰意义上的原因;经济货币化程度和金融中介的发展扩大了城镇居民收入的基尼系数,也拉大了城镇最高收入阶层和最低收入阶层的差距,金融中介的发展在一定程度上拉大了城镇居民收入的地区差距。

This paper analyses the trend of changes in civic income gap in China since China＇s reform and opening - up and discusses the relationship between finance and the distribution of income of urban residents from the perspective of the development of financial intermediaries. The results indicate that there is a strong positive correlation between the development of finance and the growth of income of urban residents, which are the Granger reason of finance development. Monetization of economy and the development of financial intermediaries caused an increase of the GINI coefficient, and widened the income gap between the highest and lowest groups of urban residents, to some extent, raised the regional gap as well.