The Impact of Rural Financial Development on the Income Gap of Rural Residents in China: An Empirical Analysis Based on Semi-parametric Additive Model

摘要

Based on panel data of 24 provinces of China from 2000 to 2015, this paper uses the semi-parametric additive model to explore the impact of rural financial development on rural residents' income gap in China. The empirical results show that rural finance development has a tendency of positive influence rural residents' income gap. However, the influence presents a nonlinear 'V' shape in the short term.