Financial development, technological innovation and urban-rural income gap: Time series evidence from China

Limin Wang, Xiangli Wu, Nanchen Chu · 2023 · PLoS ONE

Summary. This study examines how technological innovation and financial development affect China's urban-rural income gap from 1985 to 2019. The researchers find that technological innovation increases income inequality between urban and rural areas, while financial development shows an inverted-U relationship with the gap. The two factors have bidirectional causal relationships with income inequality. The findings suggest policymakers should strengthen financial systems and mitigate negative distributional effects of technological advancement.

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@article{wang-2023-financial-development-technological-innovation-urban,
  title   = {Financial development, technological innovation and urban-rural income gap: Time series evidence from China},
  author  = {Limin Wang and Xiangli Wu and Nanchen Chu},
  journal = {PLoS ONE},
  year    = {2023},
  doi     = {10.1371/journal.pone.0279246},
  url     = {https://doi.org/10.1371/journal.pone.0279246}
}

TY  - JOUR
TI  - Financial development, technological innovation and urban-rural income gap: Time series evidence from China
AU  - Limin Wang
AU  - Xiangli Wu
AU  - Nanchen Chu
JO  - PLoS ONE
PY  - 2023
DO  - 10.1371/journal.pone.0279246
UR  - https://doi.org/10.1371/journal.pone.0279246
ER  - 

Details

DOI

10.1371/journal.pone.0279246

Countries

China

Regions

Asia

Categories

innovation-theory, regional-innovation-systems, policy

Added

2026-04-28