Does Financial Development Promote the Growth of Property Income of China’s Urban and Rural Residents?
| Autor: | Jiaming Fu, Hongyou Lu, Zhijuan Li, Xiaozhun Peng |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
050204 development studies
Geography Planning and Development TJ807-830 Context (language use) financial deepening Management Monitoring Policy and Law TD194-195 Financial deepening Renewable energy sources Urbanization residents’ disposable income 0502 economics and business GE1-350 050207 economics property income Environmental effects of industries and plants Renewable Energy Sustainability and the Environment 05 social sciences sustainable growth Investment (macroeconomics) Unearned income Environmental sciences urban–rural disparity Demographic economics Business Rural area Sustainable growth rate Panel data |
| Zdroj: | Sustainability Volume 13 Issue 5 Sustainability, Vol 13, Iss 2849, p 2849 (2021) |
| ISSN: | 2071-1050 |
| DOI: | 10.3390/su13052849 |
| Popis: | The property income growth of urban and rural residents is an important part of the continuous increase in the disposable income of these residents, which is also inseparable from the deepening development of the financial market. After sorting out the various sources of income that affect residents’ property in the existing research and controlling regional fixed effects, based on data from 31 provinces in China, this article considers important financial factors and the process of urbanization as explanatory variables to perform panel regression on the property income of provincial residents under fixed effects and random effects. In the context of large differences in the investment environment between urban and rural areas, we further examine the effects of financial factors on the property income of urban and rural residents. Only by expanding the investment opportunities and enhancing the investment ability of the residents, can the property income of the residents, especially the rural residents, be guaranteed to grow steadily and sustainably. |
| Databáze: | OpenAIRE |
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