A Study of the Income Effect of Returning Entrepreneurial Activities
Returning entrepreneurship significantly contributes to rural revitalization and shared prosperity.Drawing on mathematical analysis,this study utilizes panel data from the China Family Panel Studies(CFPS)spanning 2014 to 2020,explor-ing the impact of returning entrepreneurship on rural household income through a pilot policy as a quasi-natural experiment.The results show that this policy greatly increases rural household income by enhancing earnings from wages,business,and property.Moreover,it positively alters rural income distribution,narrowing the urban-rural income gap and reducing income disparity within rural areas.Further analysis highlights the critical role of a supportive external entrepreneurial environment in facilitating these income gains,particularly in the tertiary sector markedly boosted rural household incomes.These initiatives are notably in-clusive,benefiting disadvantaged rural areas,especially those with poor health or lower education and social standing.Hence,cultivating a quality entrepreneurial environment,promoting advanced entrepreneurship among returnees,and improving their so-cial responsibility are key to ensuring the inclusiveness and shared benefits of returning entrepreneurial activities.
NETL
NSTL
万方数据
