The Influence of Capital Deepening on Regional Economic Development Gap: The Intermediary Effect of the Labor Income Share

Wang, Dan; Qiao, Zhiwei

doi:10.3390/su142416853

Cited by 4 publications

(7 citation statements)

References 23 publications

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“…Sustainable growth covers a wide range of contents (e.g., politics, economy, culture, society, and other aspects), while the economic basis (economic growth) determines the superstructure (e.g., politics and culture), which is the most basic point of consensus. The growth inequity caused by the imbalance and insufficiency in the process of economic growth is one of the important subjects of sustainable growth research [5]. Thus, the reasons for the income gap between cities and the countryside investigated here further expand the theory of sustainable growth, and have important practical and theoretical significance for achieving sustainable growth.…”

Section: Introductionmentioning

confidence: 77%

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Has Electronic Commerce Growth Narrowed the Urban–Rural Income Gap? The Intermediary Effect of the Technological Innovation

Wang

2023

Sustainability

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In the internet era, the development of e-commerce has had an important impact on all aspects of society. Many previous studies focused on the social and economic effects of the development of e-commerce. However, previous studies paid little attention to the impact of e-commerce development on the urban–rural income gap. Here, the influence of electronic commerce growth on the urban–rural income gap is investigated based on Chinese provincial panel data. The result reveals that electronic commerce growth measured by per capita express volume (pair value) can effectively explain the urban–rural income gap, i.e., the income gap between cities and the countryside is reduced with the rise of the electronic commerce growth level after a series of possible factors for the urban–rural income gap (e.g., urbanization rate, industrial proportion, dependency ratio, and human capital) are controlled. In the abovementioned conclusions, the influence of electronic commerce growth on the income gap between cities and the countryside still takes on significance even after the use of the post office number and the mileage of grade roads in 1991 as the instrumental variables of the current electronic commerce growth and the robustness test. The growth of electronic commerce is a vital new approach for adjusting the urban–rural income distribution pattern. The study further reveals that electronic commerce growth does not directly affect the urban–rural income gap by affecting technological innovation. The research results of this study provide a reference for electronic commerce growth and the income distribution of cities and the countryside.

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Section: Introductionmentioning

confidence: 77%

“…The development of e-commerce belongs to the category of economic development, while the income gap between urban and rural areas belongs more to the category of social equity [1][2][3][4][5]. Economic development prioritizes efficiency.…”

Section: Literature Reviewmentioning

confidence: 99%

Has Electronic Commerce Growth Narrowed the Urban–Rural Income Gap? The Intermediary Effect of the Technological Innovation

Wang

2023

Sustainability

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“…Following its reforms and opening up, the nation of China has employed its development plan to experience tremendous growth, but inequality is also increasing. The Consequently, the gap in regional growth can be closed by increasing the employment share (Wang & Qiao, 2022). The study of Liu & Yang aimed to explore the urban innovation in green technologies facilitated by information centers green change, according to research in china.…”

Section: Capital Deepeningmentioning

confidence: 99%

“…2022), by moving resources including money and talent from energyinefficient toward cost-effective businesses, the trade policy for energy-consuming rights can aid in the modernization of the industrial framework. The study examines that through capital deepening, urban development can improve its innovation quality thanks to the ECRTP.According toWang & Qiao, (2022), purchasing energy-consuming rights promotes companies to increase their investments in energy efficiency to increase profits or cut costs. The capital deepening caused by the ECRTP will change the traditional capital structure.…”

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confidence: 99%

Investigating the relationship between energy‐consuming rights trading and urban innovation quality

Guo,

2023

Sustainable Development

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The Energy‐consuming rights trading policy (ECRTP) is an important environmental regulatory policy in China. The study's goal is to determine how trading in energy‐consuming rights and urban innovation status effects also promote ecological civilization and high‐quality development. The purpose of the study examines the relationship between ECRTP and urban innovation quality (UIQ). Using data from 271 Chinese cities between 2011 and 2020, a difference‐in‐difference (DID) model is used to theoretically and empirically analyze the effects of ECRTP on UIQ. The findings of the study are as follows: First, ECRTP showed a significant improvement in UIQ, although a lagged effect. This outcome offers fresh proof that the “Porter hypothesis” holds water in China. Second, mechanism analysis indicated that ECRTP could improve UIQ with industrial structure upgrading (ISU) and capital deepening. Third, analysis of spillover effects indicates that ECRTP has a key spillover impact on UIQ. Analysis of spillover effects indicates a positive influence of ECRTP on UIQ in surrounding cities. Fourth, heteroggeneity analysis further reveals the impact of ECRTP on UIQ is particularly pronounced in resource‐based and large‐scale cities. These findings are significant and also provide a valuable supplement to the existing study.

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“…), which is the most basic consensus. The development inequity caused by the imbalance and insufficiency in the process of economic development is one of the important contents of sustainable development research [4]. Therefore, the problem of income gap and consumer demand involved in this study is an important part of sustainable development and has important practical and theoretical significance for achieving sustainable development.…”

Section: Introductionmentioning

confidence: 99%

A Study on the Impact of Income Gap on Consumer Demand: An Empirical Test Based on the Spatial Panel Durbin Model

Wang

2024

Sustainability

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The study utilizes China Household Panel Survey (CFPS) data from 2010 to 2020 to create a spatial panel Durbin model and examines the spatial spillover effect of the income gap on consumer demand using spatial econometric techniques. Studies have shown that the income gap has a notable inverted U-shaped influence on consumer demand, and there is a strong inverted U-shaped spatial spillover effect between surrounding locations. Expanding the income difference within a specific range boosts consumer demand in both local and surrounding areas. Further increasing the income difference impedes the growth of consumer demand in both local and surrounding regions. Regional variations significantly impact how the income gap affects consumer demand through spatial spillover. From the perspective of consumption quantity, the “inverted U-shaped” inflection point in economically developed regions and eastern regions is on the left side of economically underdeveloped regions and western regions; from the perspective of consumer quality, this result is exactly the opposite. China should persist in enhancing efforts to advance income distribution system reform and improvement, bolster the development of inclusive, fundamental, and grassroots livelihoods, manage residents’ income gap amid evolving income levels, and stimulate consumer demand in local and neighboring regions.

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The Influence of Capital Deepening on Regional Economic Development Gap: The Intermediary Effect of the Labor Income Share

Cited by 4 publications

References 23 publications

Has Electronic Commerce Growth Narrowed the Urban–Rural Income Gap? The Intermediary Effect of the Technological Innovation

Has Electronic Commerce Growth Narrowed the Urban–Rural Income Gap? The Intermediary Effect of the Technological Innovation

Investigating the relationship between energy‐consuming rights trading and urban innovation quality

A Study on the Impact of Income Gap on Consumer Demand: An Empirical Test Based on the Spatial Panel Durbin Model

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