Trade Openness and Intergenerational Income Flow ()
ABSTRACT
This
paper analyzes the impact of trade opening on intergenerational income flow
from two dimensions: the proportion of trade opening and export structure. The
empirical analysis is carried out by using the data of China Health and
Nutrition Survey (CHNS) from 1997 to 2015. The results show that the increase
of the proportion of trade exports and the optimization of trade export
structure will promote intergenerational income flow. In the adjustment process
of China’s trade development from total growth to structural optimization, the
intergenerational income mobility of urban residents has been significantly
improved, which provides an important way for China to improve the
intergenerational mobility of low-income groups through the process of
urbanization. The improvement of intergenerational income flow is attributed to
the improvement of education level brought by trade opening. Trade opening
improves the education level of children, and then promotes intergenerational
income flow. Therefore, it is of great policy significance to expand
opening-up, build an educational power and constantly promote the process of
urbanization.
Share and Cite:
Li, Y. (2022) Trade Openness and Intergenerational Income Flow.
Open Journal of Business and Management,
10, 1180-1195. doi:
10.4236/ojbm.2022.103064.
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