Effects of income inequality on China's economic growth

被引：31
作者：
Qin, Duo [1 ]
Cagas, Marie Anne
Ducanes, Geoffrey [2 ]
He, Xihua
Liu, Rui
Liu, Shiguo
机构：
[1] Univ London, Dept Econ, London E1 4NS, England
[2] Univ Philippines, Quezon City 1101, Philippines
来源：
JOURNAL OF POLICY MODELING | 2009年 / 31卷 / 01期
关键词：
Income inequality; Growth; Macroeconometric model; China; MODEL;
D O I：
10.1016/j.jpolmod.2008.08.003
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
A pilot empirical study is carried out on how income inequality affects growth through incorporating panel data information into a quarterly macro-econometric model of China. Provincial urban and rural household data are used to construct income inequality measures, which are then used to augment household consumption equations in the model. Model simulations test the inequality effect on GDP growth and its components. Results show that income inequality forms robust explanatory variables of consumption and that the way inequality develops carries negative consequences on GDP and sectoral growth. (C) 2008 Society for Policy Modeling. Published by Elsevier Inc. All rights reserved.
引用
收藏
页码：69 / 86
页数：18
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