The Chinese Urban and Rural per Capita Income and Trend Analysis

DOI: 10.4236/am.2014.51012   PDF   HTML     5,872 Downloads   7,595 Views   Citations

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

[1] Y. Wang, “Applied Time Series Analysis,” 3rd Edition, China Renmin University Press Co. LTD., Beijing, 2005.

  
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