Urbanization and Economic inequality in China
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In recent years, urbanization has stimulated the development of human resources, capital investment, and consumption, which has significantly contributed to China's economic development. However, with rapid economic growth, the income distribution in China has become more unequal. To further explore the correlation between urbanization and the gap between the rich and the poor, this paper extends the Solow economic growth model, derives the mechanism of the urban-rural income gap based on Cobb-Douglas production functions, and conducts panel regression analysis.
Abstract
In recent years, urbanization has stimulated the development of human resources, capital investment, and consumption, which has significantly contributed to China's economic development. However, with rapid economic growth, the income distribution in China has become more unequal. To further explore the correlation between urbanization and the gap between the rich and the poor, this paper extends the Solow economic growth model, derives the mechanism of the urban-rural income gap based on Cobb-Douglas production functions, and conducts panel regression analysis.
참고문헌 (9)
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