金融发展规模对城乡居民财产性收入差距影响的实证研究  

A Positive Study on the Impact of Financial Development on Urban-Rural Property Income Gap

作　　者：吕凯波[1] 周子奇 杨璐霞 Lv Kaibo;Zhou Ziqi;Yang Luxia(School of Finance,Zhejiang Gongshang University)

机构地区：[1]浙江工商大学金融学院

出　　处：《金融发展评论》2022年第3期17-30,共14页Financial Development Review

基　　金：浙江省自然科学基金青年项目(项目编号:LQ18G030004);国家社科基金重大专项项目(项目编号:21ZDA046);浙江省科技计划项目(项目编号:2020C25021);浙江省教育厅一般项目(项目编号:Y201737508)的资助。

摘　　要：发展金融市场是增加财产性收入、促进城乡居民共同富裕的重要渠道。本文利用2000-2020年的省级面板数据,实证检验了金融发展规模对城乡居民财产性收入差距的影响,估计结果表明金融发展规模对城镇居民和农村居民的财产性收入增长都有促进作用,但对农村居民的促进作用较小,进而扩大了城乡居民财产性收入差距。异质性分析结果显示信贷市场发展拉大了城乡居民财产性收入差距,股票市场发展的影响不显著,保险市场发展则缩小了城乡居民财产性收入差距;金融发展对城乡居民财产性收入差距的影响存在明显的地区差异,收入水平较低的西部地区受金融发展的影响较大。最后,本文从改进金融发展方向、加大财税调节力度等方面提出了缩小财产性收入差距的政策建议。Financial development definitely plays a positive role in raising property income and promoting common prosperity.Based on provincial panel data for the period 2000-2020,we evaluate the impact of financial development on urban-rural property income gap.The results show that urban residents get more benefits from financial development than rural residents and financial development definitely widen urban-rural property income gap.The results also indicate that credit market development contribute to property income inequality and the effect of stock market development is insignificant,while insurance market development significantly narrow the gap.What’s more,the degree of impact is different among regions,i.e.the impact in western region is significantly higher than other regions.Finally,we propose some countermeasures to decrease property income gaps by optimizing financial development structure and giving more fiscal support.

关 键 词：金融发展规模 财产性收入 城乡差异 

分 类 号：F124.7[经济管理—世界经济] F832