← All articles

Photo · Gordon More

Can place-based policies reduce urban-rural income inequality? Evidence from China’s Old Revolutionary Development Program based on county-level data

Dan Pan, Peilin Fang, Shengdong Chen · 2023 · Economic Research-Ekonomska Istraživanja

Summary. China's Old Revolutionary Development Program, a place-based policy targeting underdeveloped regions, reduced urban-rural income inequality by an average of 11.2% between 2010 and 2019. The effect worked primarily through government intervention and financial development. The policy proved more effective in western and central China than eastern China, and had stronger impacts in less developed counties. This demonstrates that well-designed place-based policies can meaningfully reduce income gaps between urban and rural areas.

Read the original

Cite this article

Pan, D., Fang, P., & Chen, S.. (2023). Can place-based policies reduce urban-rural income inequality? Evidence from China’s Old Revolutionary Development Program based on county-level data. Economic Research-Ekonomska Istraživanja. https://doi.org/10.1080/1331677x.2022.2164323

Details

DOI
10.1080/1331677x.2022.2164323
Countries
China
Regions
Asia
Categories
policy, regional-innovation-systems
Added
2026-04-28