Long-run relationship between income inequality and financial development in China
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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:https://doi.org/10.1080/13547860.2011.564745)
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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 |
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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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