Agricultural Loans and the Rural-Urban Income Gap——A Study Based on the Bourguignon Index
The Bourguignon index is an indicator of the income gap between urban and rural residents.Using the Bourguignon index,this paper measures the income gap between urban and rural residents in China's 31 provinces from 2014 to 2020,and analyzes it in comparison with the situation of agriculture-related loans,and finds that agricul-ture-related loans help to increase the income of rural residents,but the ratio of agriculture-related loans to all kinds of loans tends to decline,bringing about a widening of the income gap between urban and rural areas.Based on this,a panel data vector autoregression analysis of the Buginion index and farm-related loan indicators was carried out using data from 31 provinces for the period from 2014 to 2020,and confirmed the above viewpoints,indicating that farm-re-lated funds are conducive to the development of the rural economy and the improvement of the income level of rural res-idents.However,the situation of financial constraints in rural areas and the insufficiency of funds related to agriculture has not been fundamentally changed,and the State,in guiding the flow of financial resources into the real economy,should take practical measures to promote the development of rural finance,raise the level of income of rural inhabit-ants,and narrow the gap between the incomes of urban and rural inhabitants.
agriculture-related loansincome gapBourguignon index
万方数据
