中国金融发展与收入分配、贫困关系的经验分析——基于动态面板数据的研究

本文利用2001—2007年中国省际面板数据,运用系统的广义矩(GMM)估计方法,研究金融发展对收入分配和贫困的影响。结果发现,中国的金融发展更有利于贫困家庭收入水平的提高,减少收入分配不平等。贫困家庭的收入增长大约有31%可以归因于金融发展的收入分配效应,而剩下的69%是由于金融发展的增长效应所致。另外,没有证据表明金融发展与收入分配存在倒U型关系。在非农产业比重高的省份,金融发展会加剧贫富差距。

Empirical Analysis of Financial Development, Income Distribution and Poverty: Based on Dynamic Panel Data

Using the data of Chinese provinces from 2001 to 2007,this paper apply to system GMM estimator and research the impact of financial development on income distribution and poverty.The results demonstrate that china's financial development disproportionately benefits the poor,lowers income inequality.31% of the income growth of the poor can attribute to distribution effect of finance,and the remaining is caused by growth effect of finance.Otherwise,there is no evidence to support the inverted-U-shaped relatio...