A Study On The Relationship Between Rural Financial Development And Urban-Rural Income Gap In Yunnan Province

Yunnan Province is China's western agricultural province and tourism province,with the establishment of a large number of agricultural cooperatives and the development of tourism resources,so that the income of urban and rural residents in Yunnan Province continues to increase,but it is worth noting that the urban and rural income gap in Yunnan Province was The trend of rising volatility.There are many factors that affect the urban-rural income gap,while the regional financial development and financial support often determine the regional economic development and income levels.Therefore,this paper hopes to combine the regional particularity of rural financial development and take Yunnan Province as an example to explore how rural finance development affects the income gap between urban and rural areas.Finally,the countermeasures and suggestions for improving the income gap between urban and rural areas in Yunnan are put forward.The article first describes the background and significance of the topic in the introduction,and then analyzes the financial development of the urban and rural income gap from the theoretical point of view based on the summary of the domestic literature.Then,based on the data of Yunnan Province from 1996 to 2015,the paper analyzes the current situation of the scale,efficiency,structure and the scale of rural informal finance from the rural financial development,At the same time,this paper describes the current situation of the urban-rural income gap in Yunnan province.Then the model is established to verify whether the relationship between the two is consistent with the income gap "U"curve,and then establish the VAR model to analyze the short-term fluctuation relationship and long-term equilibrium relationship between the two.The results show that the expansion of rural financial development in Yunnan Province is not conducive to narrowing the urban-rural income gap,but the improvement of the conversion efficiency,the rational financial structure and the expansion of the scale of rural informal finance will improve the urban-rural income gap.Finally,on the basis of empirical results,this paper puts forward some countermeasures and suggestions to narrow the income gap between urban and rural areas in Yunnan Province from the aspects of differentiated rural financial reform,perfect rural financial service system,rural education system and income redistribution.