Exploring a Path to Achieve Common Prosperity:The Test of the Growth Effect and Balance Effect of Human Capital
Common prosperity is a long-term goal of China's new development stage,and"prosperity"and"sharing"are the key to achieving common prosperity.This paper constructs a theoretical model reflecting the relationship between human capital and the income gap between urban and rural residents,and tests the role of human capital in promoting"affluence"and"sharing"through the growth effect and balance effect,thus promoting common prosperity through empirical evidence.The study found that the improvement of human capital is not only conducive to the expansion of the"cake",but also can effectively promote the better distribution of the"cake".It not only significantly improves the level of disposable income of urban and rural residents,but also improves the income of rural residents more than urban residents,becoming a key variable to narrow the income gap between urban and rural residents,and promoting the realization of the goals of"affluence"and"sharing".The intermediary effect test confirmed that human capital indirectly promoted the income growth and the gap between urban and rural areas by promoting the flow of rural high-skilled labor to cities and towns,thus realizing its growth and balance effect.The results of sub-sample regression show that the balance effect of human capital is more obvious in low-income provinces,but not in high-income provinces.
common prosperityhuman capitalthe income gap between urban and rural residentseducational equity
万方数据
维普
