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Agglomeration of Factors,Completeness of Property Rights and Income Gap between Urban and Rural Areas
Author(s): XUE Baogui, HE Liancheng
Pages: 11-
17
Year: 2015
Issue:
2
Journal: Researcb on Economics and Management
Keyword: transaction cost; agglomeration of factors; completeness of property rights proliferation of income;
Abstract: Studying on the income gap between urban and rural areas from the perspective of completeness of property rights and agglomeration of factors,the paper concludes that China’s marketalization process is a one-way flow of the factors:from the rural areas to the urban area.The city residents’property rights are complete,while the rural residents’ property rights are not,which leads to the different transaction cost and the production efficiency,and also the incomegap. Agglomeration also makes assets of the city residents rather than the rural residents proliferation.The different property of urban and rural residents is one of the important reasons for the factors agglomeration,and it makes a indirect effect for the income gap between urban and rural areas.In addition,the different property of urban and rural residents will directly lead to the income gap.This paper gives an empirical study on agglomeration of factors and completeness of property rights leading to the income gap between urban areas and rural areas through the provincial panel data during 2002—2011,trying to provide policy recommendations.
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