The Chinese Urban and Rural per Capita Income and Trend Analysis ()
Abstract
This paper uses the ARMA
model method to fit the data of the urban
and the rural residents’ per capita income in China and builds the
MA(2) and AR(2) model. With the model, this paper predicts their trends in 5 years, also uses the
prediction to analyze the income gap. The results show that in the next 5 years, the rural and the urban residents’ per capita income will be increasing steadily, but the level remains very low, the income gap is still large.
Share and Cite:
J. Su and G. Deng, "The Chinese Urban and Rural per Capita Income and Trend Analysis,"
Applied Mathematics, Vol. 5 No. 1, 2014, pp. 106-109. doi:
10.4236/am.2014.51012.
Conflicts of Interest
The authors declare no conflicts of interest.
References
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Y. Wang, “Applied Time Series Analysis,” 3rd Edition, China Renmin University Press Co. LTD., Beijing, 2005.
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