Financial Development,Urbanization and Urban-rural Income Gap
利用二元经济框架分析金融发展、城市化与城乡收入差距的关系，并用VECM模型实证检验，发现金融发展扩大城乡收入差距，而城市化缩小差距。
This paper analyzes mechanism among financial development,urbanization and urban-rural income gap using a dual-economic framework,and makes empirical tests with VECM model.The result shows that due to the existence of dual economic and financial structure of urban and rural areas,improvement of rural external finance raise rural residents' income level,it's the similar to the situation in urban,and financial development broadens urban-rural income gap with the lagged effect.The going-down of dual financial structure of urban and rural areas and urbanization both narrow urban-rural income gap,but the going-down of dual financial structure of urban decreases the speed of urbanization process.Financial development improves urbanization,and narrows urban-rural income gap further with urbanization's promotion.At last,this paper provides the explanation and some suggestions.