金融多样性与收入不平等——基于中国经验数据的实证研究  

Financial Diversity and Income Inequality—An Empirical Research Based on the Data of China

作　　者：沈婷[1] 陈刚[1] 

机构地区：[1]西南政法大学经济学院,重庆401120

出　　处：《当代经济科学》2014年第4期26-36,125,共11页Modern Economic Science

基　　金：国家社科基金青年项目"居民财产性收入的促增与公平分配机制研究"(项目编号:12CJL022)

摘　　要：金融发展的受益边际是由金融结构而非金融规模来界定的。因此,金融多样性的上升将有助于扩展金融发展的受益边际,促进经济增长成果的包容性分享。本文采用2005-2011年中国31个省(自治区、直辖市)的经验数据,考察了金融多样性对收入不平等的影响。研究发现,金融多样性的上升显著地降低了收入不平等,这主要源于金融多样性的上升降低了高收入群体与低收入群体间的工薪收入和财产性收入不平等。因此,实现中国经济的包容性增长,需要放宽当前金融市场上存在的某些歧视性的准入门槛,以此提升金融机构种类的丰富性,同时促进各类金融机构规模分布的均匀性。As the marginal benefit of financial development is defined by the financial structure instead of financial scale,the increasing financial diversity will expand the marginal benefit of financial development and promote the way to share the results of economic growth more inclusively. Using the empirical data of31 Chinese provinces from 2005 to 2011,this paper observes and studies the effects of financial diversity on the income inequality of China. We find that the rise of financial diversity significantly reduces income inequality,which mainly results from that the rise of financial diversity reduces the salary income and property income inequality between the high income group and the low income group. Therefore,if we want to realize the inclusive growth of Chinese economy,we need to relax some discriminative access thresholds that exist in current financial market to enrich the types of financial institutions and promote the even scale distribution of all kinds of financial institutions.

关 键 词：金融多样性 包容性发展 收入不平等 

分 类 号：F832[经济管理—金融学] F124.7