Correlation Analysis of Farmers' Income Structure Variation and Income Fluctuation
Guan Hao-ji
Abstract
Guan Hao-ji
Abstract
Farmers' income has always been the core in China's three rural issues.Based on the farmers' income structure variation and fluctuation since the opening-up policy,as well as the intrinsic link between the two,this research learns from the contribution each industrial sector made to economic growth fluctuation and makes an empirical analysis of the relationship between income structure variation and income fluctuations,as well as the relationship between income fluctuation in various parts and the total income fluctuation.The study shows that the income from household businesses contributes most to the income growth,and is still the most important source of income growth.It is followed by wage income,property income and transfer income.At present,our economic system has certain inhibitory effect on farmers' income.The fluctuation of each part of farmers' income has no significant effect on farmers' income.The fluctuation of farmers' income is the Granger cause of fluctuation of income from household business,property income and transfer income rather than wage income.
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Farmers' income has always been the core in China's three rural issues.Based on the farmers' income structure variation and fluctuation since the opening-up policy,as well as the intrinsic link between the two,this research learns from the contribution each industrial sector made to economic growth fluctuation and makes an empirical analysis of the relationship between income structure variation and income fluctuations,as well as the relationship between income fluctuation in various parts and the total income fluctuation.The study shows that the income from household businesses contributes most to the income growth,and is still the most important source of income growth.It is followed by wage income,property income and transfer income.At present,our economic system has certain inhibitory effect on farmers' income.The fluctuation of each part of farmers' income has no significant effect on farmers' income.The fluctuation of farmers' income is the Granger cause of fluctuation of income from household business,property income and transfer income rather than wage income.
Key concepts: Net national income, Income in kind, Economics, Comprehensive income, Total personal income, Wage, Unearned income, Income elasticity of demand