【摘要】 金融发展可度量为金融—规模、金融—活动和金融—效率三个主要指标。利用OLS和GMM回归、面板单位根、协整和因果关系检验对中国金融发展水平与城乡收入分配之间的关系进行检验后得知:(1)金融发展和城乡收入差距之间存在着库兹涅茨效应,即所谓的倒U型关系。(2)中国金融发展规模显著拉大了城乡收入差距,但加强农业贷款对农民收入增长取得了显著作用,会缩小城乡收入差距;金融发展效率的提高有助于城乡收入差距的缩小。(3)金融发展水平与城乡收入分配之间存在长期的均衡关系;金融发展规模、农村信贷与城乡收入分配之间存在单向因果关系,金融发展效率与城乡收入分配之间存在双向因果关系。更多还原

【Abstract】 Financial development can be measured in accordance with three indexes of finance—dimensions,finance—activities and finance—efficiency.The examination of the relationship between China’ s financial development and urban-rural income distribution by means of OLS and GMM regression,the panel unit root,co-integration and causality test indicates:(1) There exists the Kuznets effect between the financial development and the income gaps,i.e.the so called inverted-U shape relationship.(2) The financial development scale has notably widened the urban-rural income inequality,but the strengthened agricultural loans have played an important role in helping the farmers to increase their income and narrowing the urban-rural income gap.(3) There exists a long-term balanced relationship between the level of financial development and the urban-rural income distribution;there is a one-way causality between the scale of financial development,the agricultural credit and the urban-rural income distribution,however,there is a two-way causality between the efficiency of financial development and the urban-rural income distribution.更多还原