Analysis and Suggestions on the Factors of Income Gap

Yuan Gao

doi:doi:10.11648/j.ash.20190502.14

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Analysis and Suggestions on the Factors of Income Gap

Yuan Gao

Published in Advances in Sciences and Humanities (Volume 5, Issue 2)

Received: 5 May 2019 Accepted: 12 June 2019 Published: 25 June 2019

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Abstract

Income gap reflects the imbalance of economic development in a region. Excessive income gap will affect social instability, aggravate social contradictions and conflicts, thus hindering social progress and development. Reasonable narrowing of income gap is conducive to optimizing the allocation of resources and improving social production efficiency. Guangdong Province has a high per capita income level in China. With the further development of Guangdong's economy, the income gap has changed to a certain extent, and this issue still attracts much attention. By consulting the basic data obtained from the Guangdong Yearbook in 2018, the Gini coefficient of Guangdong Province in 2018 is 0.335, which is basically reasonable, but it has not reached a relatively average level. The gap between GDP and per capita GDP of the four regions in Guangdong Province (Pearl River Delta, East Wing, West Wing, East Guangdong, West Guangdong, North Guangdong) is still large. By analyzing the factors of natural conditions, calculating the proportion of three industries and other factors, this paper explores the reasons for the formation of income gap, and puts forward some suggestions to narrow the gap from the aspects of optimizing industrial structure, adjusting income distribution and differentiating taxation, and finally draws a conclusion.

Published in	Advances in Sciences and Humanities (Volume 5, Issue 2)
DOI	10.11648/j.ash.20190502.14
Page(s)	65-69
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Gini Coefficient, Consumption Gap, Income Gap

References

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[8]	Calvo G A. Staggered prices in a utility-maximizing framework. Journal of monetary Economics, 1983, 12 (3).
[9]	Chari, Kehoe. Optimal fiscal and monetary policy, in: Taylor and Woodford, eds. Handbook of Macroeconomics, 1999.
[10]	Christiano, L., R. Motto, M. Rostagno. Financial factors in economic fluctuations, European Central Bank Working paper, 2010.
[11]	Davis, S, K. X. D. Huang. Optimal monetary policy under financial sector risk, 2013.
[12]	Frank Smets, Rafael Wouters. Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach. American Economic Review, 2007, 97 (3).
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[15]	Zhang, W. L. China's Monetary Policy: Quantity versus Price Rules, Journal of Macroeconomics, 2009, 31 (3).
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Yuan Gao. (2019). Analysis and Suggestions on the Factors of Income Gap. Advances in Sciences and Humanities, 5(2), 65-69. https://doi.org/10.11648/j.ash.20190502.14

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ACS Style

Yuan Gao. Analysis and Suggestions on the Factors of Income Gap. Adv. Sci. Humanit. 2019, 5(2), 65-69. doi: 10.11648/j.ash.20190502.14

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AMA Style

Yuan Gao. Analysis and Suggestions on the Factors of Income Gap. Adv Sci Humanit. 2019;5(2):65-69. doi: 10.11648/j.ash.20190502.14

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@article{10.11648/j.ash.20190502.14,
  author = {Yuan Gao},
  title = {Analysis and Suggestions on the Factors of Income Gap},
  journal = {Advances in Sciences and Humanities},
  volume = {5},
  number = {2},
  pages = {65-69},
  doi = {10.11648/j.ash.20190502.14},
  url = {https://doi.org/10.11648/j.ash.20190502.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ash.20190502.14},
  abstract = {Income gap reflects the imbalance of economic development in a region. Excessive income gap will affect social instability, aggravate social contradictions and conflicts, thus hindering social progress and development. Reasonable narrowing of income gap is conducive to optimizing the allocation of resources and improving social production efficiency. Guangdong Province has a high per capita income level in China. With the further development of Guangdong's economy, the income gap has changed to a certain extent, and this issue still attracts much attention. By consulting the basic data obtained from the Guangdong Yearbook in 2018, the Gini coefficient of Guangdong Province in 2018 is 0.335, which is basically reasonable, but it has not reached a relatively average level. The gap between GDP and per capita GDP of the four regions in Guangdong Province (Pearl River Delta, East Wing, West Wing, East Guangdong, West Guangdong, North Guangdong) is still large. By analyzing the factors of natural conditions, calculating the proportion of three industries and other factors, this paper explores the reasons for the formation of income gap, and puts forward some suggestions to narrow the gap from the aspects of optimizing industrial structure, adjusting income distribution and differentiating taxation, and finally draws a conclusion.},
 year = {2019}
}

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TY  - JOUR
T1  - Analysis and Suggestions on the Factors of Income Gap
AU  - Yuan Gao
Y1  - 2019/06/25
PY  - 2019
N1  - https://doi.org/10.11648/j.ash.20190502.14
DO  - 10.11648/j.ash.20190502.14
T2  - Advances in Sciences and Humanities
JF  - Advances in Sciences and Humanities
JO  - Advances in Sciences and Humanities
SP  - 65
EP  - 69
PB  - Science Publishing Group
SN  - 2472-0984
UR  - https://doi.org/10.11648/j.ash.20190502.14
AB  - Income gap reflects the imbalance of economic development in a region. Excessive income gap will affect social instability, aggravate social contradictions and conflicts, thus hindering social progress and development. Reasonable narrowing of income gap is conducive to optimizing the allocation of resources and improving social production efficiency. Guangdong Province has a high per capita income level in China. With the further development of Guangdong's economy, the income gap has changed to a certain extent, and this issue still attracts much attention. By consulting the basic data obtained from the Guangdong Yearbook in 2018, the Gini coefficient of Guangdong Province in 2018 is 0.335, which is basically reasonable, but it has not reached a relatively average level. The gap between GDP and per capita GDP of the four regions in Guangdong Province (Pearl River Delta, East Wing, West Wing, East Guangdong, West Guangdong, North Guangdong) is still large. By analyzing the factors of natural conditions, calculating the proportion of three industries and other factors, this paper explores the reasons for the formation of income gap, and puts forward some suggestions to narrow the gap from the aspects of optimizing industrial structure, adjusting income distribution and differentiating taxation, and finally draws a conclusion.
VL  - 5
IS  - 2
ER  -

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Author Information

Yuan Gao

Department of Information Management, School of Business, Lingnan Normal University, Zhanjiang, China

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APA Style

Yuan Gao. (2019). Analysis and Suggestions on the Factors of Income Gap. Advances in Sciences and Humanities, 5(2), 65-69. https://doi.org/10.11648/j.ash.20190502.14

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ACS Style

Yuan Gao. Analysis and Suggestions on the Factors of Income Gap. Adv. Sci. Humanit. 2019, 5(2), 65-69. doi: 10.11648/j.ash.20190502.14

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AMA Style

Yuan Gao. Analysis and Suggestions on the Factors of Income Gap. Adv Sci Humanit. 2019;5(2):65-69. doi: 10.11648/j.ash.20190502.14

Copy | Download

@article{10.11648/j.ash.20190502.14,
  author = {Yuan Gao},
  title = {Analysis and Suggestions on the Factors of Income Gap},
  journal = {Advances in Sciences and Humanities},
  volume = {5},
  number = {2},
  pages = {65-69},
  doi = {10.11648/j.ash.20190502.14},
  url = {https://doi.org/10.11648/j.ash.20190502.14},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ash.20190502.14},
  abstract = {Income gap reflects the imbalance of economic development in a region. Excessive income gap will affect social instability, aggravate social contradictions and conflicts, thus hindering social progress and development. Reasonable narrowing of income gap is conducive to optimizing the allocation of resources and improving social production efficiency. Guangdong Province has a high per capita income level in China. With the further development of Guangdong's economy, the income gap has changed to a certain extent, and this issue still attracts much attention. By consulting the basic data obtained from the Guangdong Yearbook in 2018, the Gini coefficient of Guangdong Province in 2018 is 0.335, which is basically reasonable, but it has not reached a relatively average level. The gap between GDP and per capita GDP of the four regions in Guangdong Province (Pearl River Delta, East Wing, West Wing, East Guangdong, West Guangdong, North Guangdong) is still large. By analyzing the factors of natural conditions, calculating the proportion of three industries and other factors, this paper explores the reasons for the formation of income gap, and puts forward some suggestions to narrow the gap from the aspects of optimizing industrial structure, adjusting income distribution and differentiating taxation, and finally draws a conclusion.},
 year = {2019}
}

Copy | Download

TY  - JOUR
T1  - Analysis and Suggestions on the Factors of Income Gap
AU  - Yuan Gao
Y1  - 2019/06/25
PY  - 2019
N1  - https://doi.org/10.11648/j.ash.20190502.14
DO  - 10.11648/j.ash.20190502.14
T2  - Advances in Sciences and Humanities
JF  - Advances in Sciences and Humanities
JO  - Advances in Sciences and Humanities
SP  - 65
EP  - 69
PB  - Science Publishing Group
SN  - 2472-0984
UR  - https://doi.org/10.11648/j.ash.20190502.14
AB  - Income gap reflects the imbalance of economic development in a region. Excessive income gap will affect social instability, aggravate social contradictions and conflicts, thus hindering social progress and development. Reasonable narrowing of income gap is conducive to optimizing the allocation of resources and improving social production efficiency. Guangdong Province has a high per capita income level in China. With the further development of Guangdong's economy, the income gap has changed to a certain extent, and this issue still attracts much attention. By consulting the basic data obtained from the Guangdong Yearbook in 2018, the Gini coefficient of Guangdong Province in 2018 is 0.335, which is basically reasonable, but it has not reached a relatively average level. The gap between GDP and per capita GDP of the four regions in Guangdong Province (Pearl River Delta, East Wing, West Wing, East Guangdong, West Guangdong, North Guangdong) is still large. By analyzing the factors of natural conditions, calculating the proportion of three industries and other factors, this paper explores the reasons for the formation of income gap, and puts forward some suggestions to narrow the gap from the aspects of optimizing industrial structure, adjusting income distribution and differentiating taxation, and finally draws a conclusion.
VL  - 5
IS  - 2
ER  -

Copy | Download