URBANIZATION AND RURAL-URBAN CONSUMPTION DISPARITY: EVIDENCE FROM CHINA

被引：14
|
作者：
Li, Jing [1 ]
Cheong, Tsun Se [2 ]
Shen, Jianfa [1 ]
Fu, Dahai [3 ]
机构：
[1] Chinese Univ Hong Kong, Dept Geog & Resource Management, Shatin, Hong Kong, Peoples R China
[2] Hang Seng Management Coll, Sch Business, Shatin, Hong Kong, Peoples R China
[3] Cent Univ Finance & Econ, Sch Int Trade & Econ, 39 South Coll Rd, Beijing, Peoples R China
来源：
SINGAPORE ECONOMIC REVIEW | 2019年 / 64卷 / 04期
关键词：
Urbanization; rural-urban disparity; consumption; regional inequality; China; REGIONAL INCOME INEQUALITY; FOREIGN DIRECT-INVESTMENT; WAGE INEQUALITY; BIASED POLICIES; ECONOMIC-GROWTH; PANEL-DATA; MIGRATION; GAP; INFRASTRUCTURE; GLOBALIZATION;
D O I：
10.1142/S0217590817450102
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The objective of this paper is to investigate the impacts of urbanization on influencing the rural-urban consumption disparity in China, a research gap which has not been bridged so far. Adopting a provincial dataset from 1997 to 2014, a generalized method of moments (GMM) estimator is employed to reveal the impact of urbanization on the ratio of per capita consumption expenditure of the urban households to the rural households, along with other socioeconomic variables. Empirical results show salient relationship between increasing urbanization ratio and declining rural-urban inequality. Significant impact of education costs on increasing the rural-urban inequality is also observed. Other factors that increase the disparity include foreign investment and gross regional product (GRP) indices. Industrial structure, costs of housing and health care are insignificant factors. The results of this study help in understanding China's new urbanization development strategy in a better way.
引用
收藏
页码：983 / 996
页数：14
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