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

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) (doi:10.1080/13547860.2011.564745)

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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
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
Faculty / School / Research Centre / Research Group: Faculty of Business > Institute of Political Economy, Governance, Finance and Accountability (IPEGFA) > Greenwich Political Economy Research Centre (GPERC)
Faculty of Business > Department of International Business & Economics
Faculty of Business
Related URLs:
Last Modified: 04 Aug 2021 16:32
URI: http://gala.gre.ac.uk/id/eprint/7923

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