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

Jalil, Abdul and Feridun, Mete (2011) Long-run relationship between income inequality and financial development in China. Journal of the Asia Pacific Economy , 16 (2). pp. 202-214. ISSN 1354-7860 (print), 1469-9648 (online)

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    Official URL: http://dx.doi.org/10.1080/13547860.2011.564745

    Abstract

    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.

    Item Type: Article
    Additional Information: [1] Available online 3rd May 2011
    Uncontrolled Keywords: income inequality, financial development, China
    Subjects: H Social Sciences > HG Finance
    H Social Sciences > HN Social history and conditions. Social problems. Social reform
    School / Department / Research Groups: School of Business
    School of Business > Department of International Business & Economics
    Related URLs:
    Last Modified: 13 Apr 2012 12:00
    URI: http://gala.gre.ac.uk/id/eprint/7923

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