• ISSN: 2301-3567 (Print), 2972-3981 (Online)
    • Abbreviated Title: J. Econ. Bus. Manag.
    • Frequency: Quarterly
    • DOI: 10.18178/JOEBM
    • Editor-in-Chief: Prof. Eunjin Hwang
    • Executive Editor: Ms. Fiona Chu
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HOME > Archive > 2022 > Volume 10 Number 5 (Oct. 2022) >
JOEBM 2022 Vol.10(5): 319-324 ISSN: 2301-3567
DOI: 10.18178/joebm.2022.10.5.719

Can Innovation Input Help Reduce the Income Inequality in China? — An Analysis Based on Panel Data of 21 Provincial Regions

Hanyu Ma

Abstract—Innovation has long been discussed as the driving force of income inequality, while the empirical results are mixed, and few studies focus on the role of innovation input. By using the panel data of 21 provinces in China, this paper analyzes the impact of the innovation input on income inequality. A robust negative relationship between innovation input and income inequality is supported by empirical results, which indicates that innovation input can help reduce income inequality in urban areas and is greater in provinces with a lower unemployment rate. While the income level of each province does not have a statistically significant mediating effect. Besides, the empirical evidence also suggests a prediction effect, where the innovation input of last year can narrow the income gap in the next year.

Index Terms—Innovation input, innovation, income inequality, R&D.

Hanyu Ma is with University College London (UCL), UK (e-mail: HanyuMa119@outlook.com).

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Cite:Hanyu Ma, "Can Innovation Input Help Reduce the Income Inequality in China? — An Analysis Based on Panel Data of 21 Provincial Regions," Journal of Economics, Business and Management vol. 10, no. 5, pp. 319-324, 2022.

Copyright © 2022 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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