Urbanization and Urban-Rural Inequality in China: A New Perspective from the Government's Development Strategy

• Tác giả: Justin Yifu Lin
• Ngôn ngữ: eng
• Ký hiệu phân loại: 345.12 Criminal law
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 303284
• Chủ đề: 1. Economic Development: Human Resources; 2. Human Development; 3. Income Distribution; 4. Migration O150; 5. Personal Income, Wealth, and Their Distributions D310

Tóm tắt

This paper offers a novel explanation for the lower urbanization rate and great urban-rural inequality in China. Our study reveals that, heavy-industry-oriented development strategy will result in lower urbanization rate and higher urban-rural inequality. The greater the degree of heavy-industry-oriented development strategy is, the lower the urbanization rate is, and the higher the urban-rural inequality is. From a dynamic perspective, heavy-industry-oriented development strategy reduces the capital accumulation rate, which results in a slower progress of urbanization and a highly persistent urban-rural inequality. The higher the degree of heavy-industry-oriented development strategy, the slower the progress of urbanization, and the longer the urban-rural inequality will last. This mechanism can potentially explain the lower urbanization rate and higher urban-rural inequality in China under a unified framework.