Urban Residents’ Property Income Difference And Its Factors In Eastern, Central And Western China

In recent years the property income has increased quickly and the gap among regional residents property income becoming increasingly prominent. Study on this problem has important theoretical and practical significance. Existing research on the difference of property income among different regions only stay in the level of illustrating its present status and characteristics. This paper studies the status of Chinese residents’ property income and its affecting factors, as well as the degree of contribution of the impact factors on regional property income gap. In the end, the paper provides the suggestion of narrowing regional property income gap.The paper analyzed the status quo of Chinese urban residents’ property income characteristics, and focused on the analysis of the regional urban residents’ property income gap. Then the property income’s influencing factors were analyzed. This paper use a decomposition model to quantify the influence factors on property income disparity contribution, and reach the following conclusion:at present, Chinese residents’ property income presents the income increase and growth rate; income is formed gradually diversification; the base of property income is small and the proportion is low; the income source structure is unreasonable. The urban residents’ property income gap is expanding. The result of Gini property income inequality ratio decomposition shows that the property income gap is mainly caused by the difference among areas, and the difference is mainly reflected between the east and central and between east and west. The eastern urban residents’ property income’s main factors are wage, per capita stock trading volume, average selling price of commercialized buildings, education and so on. per capita stock trading volume and insurance depth have a great impact on central district. The western urban residents’ property income’s main factors are per capita stock trading volume, household saving ratio, average selling price of commercialized buildings, age and so on. According to the decomposition results, central and west region residents’ property income is lower than the eastern residents, mainly because the resource has not obtained the effective use, rather than resource relative scarcity. Therefore, if we need to narrow the property income gap between the two areas, only increasing resource is far from enough. Through the quantitative analysis of contribution of influencing factors on regional property income gap, it can make the decision according to the importance of each factor to take specific measures, in order to achieve the limited social resources optimize configuration.Finally, based on the above research conclusion, the paper provides the countermeasure proposal of narrowing the regional residents’property income gap.