TITLE:
The Chinese Urban and Rural per Capita Income and Trend Analysis
AUTHORS:
Jian Su, Guangming Deng
KEYWORDS:
Per Capita Income; Income Gap; ARMA Model
JOURNAL NAME:
Applied Mathematics,
Vol.5 No.1,
January
10,
2014
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.