The Impact of New Urbanization on Common Prosperity and Its Mechanism: Based on the Analysis of 281 Cities in China

SUN Xue-tao; YU Ting; YU Fa-wen

Volume 37 Issue 2

Mar. 2022

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Article Navigation > Journal of Guangdong University of Finance & Economics > 2022 > 37(2): 71-87

SUN Xue-tao, YU Ting, YU Fa-wen. The Impact of New Urbanization on Common Prosperity and Its Mechanism: Based on the Analysis of 281 Cities in China[J]. Journal of Guangdong University of Finance & Economics, 2022, 37(2): 71-87.

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SUN Xue-tao, YU Ting, YU Fa-wen. The Impact of New Urbanization on Common Prosperity and Its Mechanism: Based on the Analysis of 281 Cities in China[J]. Journal of Guangdong University of Finance & Economics, 2022, 37(2): 71-87.

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The Impact of New Urbanization on Common Prosperity and Its Mechanism: Based on the Analysis of 281 Cities in China

SUN Xue-tao^{1, 2},
YU Ting¹,
YU Fa-wen^3
,

1.
Shandong Academy of Social Sciences, Jinan 250002
2.
School of Economics, Ocean University of China, Qingdao 266100
3.
Institute of Rural Development, Chinese Academy of Social Sciences, Beijing 100732, China

Received Date: 2022-01-25
Available Online: 2022-04-24
Publish Date: 2022-03-28

Abstract

Abstract

In the context of the "double cycle", new urbanization is not only a new driving force for economic development, but also a powerful support for achieving common prosperity. In the context of promoting common prosperity, a common prosperity index system was constructed in three aspects, namely affluence level, regional disparity and urban-rural disparity, and the common prosperity level of 281 cities was measured. It is found that promoting regional economic development is the fundamental way to achieve common prosperity; new urbanization is more likely to increase the level of common prosperity in poorer areas than in richer areas; new urbanization has a direct effect on common prosperity, and an indirect effect on shared affluence through farmers' income and public services. In the context of new urbanization, three policy recommendations are proposed for achieving common prosperity from the perspective of raising the level of affluence and narrowing the gap between urban and rural areas and regions.
- new urbanization,
- common prosperity,
- regional disparities,
- affluence level,
- gap between urban and rural areas,
- disequilibrium effect,
- regional economies

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References(35)

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