De Soto效应、人力资本与城乡收入差距

De Soto Effect,Human Capital and Urban-Rural Disparity of Income

城乡收入差距是中国收入差距中的重要组成部分,了解中国城乡收入差距的影响因素对缩小城乡收入差距、维持社会的长治久安和经济的可持续发展具有重要意义,认为De Soto效应导致了农村地区人力资本投资的不足,进而扩大了城乡收入差距。利用中国政策的变动构造工具变量,并使用Arellano和Bond动态面板数据估计方法对人力资本与城乡收入差距问题进行了研究,证实了城乡人力资本差距的扩大加剧了城乡收入差距的扩大趋势;利用分位数回归区分了人力资本投资中De Soto效应,并对其进行了解释。

Urban - Rural disparity of income is an important component of disparity in China. Understanding the impart factors of urban - rural disparity of income can be helpful to bridge the gap, maintain the stability of so- ciety and keep the sustainable development of economy. This paper puts the De Soto effect as a cause to the lack of investment in human capital in rural area in priority. Such effect widens the urban - rural disparity. The instrument addition, the quintile regression is implemented to distinguish the De Soto effect and the explanation is given after- wards.