Research on the Relationship between Industrial Structure Evolution and Industry Income Gap in Hong Kong
- 1 School of Economics, Jinan University, Guangzhou, China
Abstract
The widening industry income gap in Hong Kong has seriously hindered the balanced development of industry and sustained and healthy economic growth. Therefore, it is of great significance to explore the influence mechanism of industrial structure evolution on industry income gap and the relationship between them. This paper takes Hong Kong’s industrial structure evolution and industry income gap as the research object, and comprehensively uses statistical data and census data to analyze in detail the causal relationship between industrial structure evolution and industry income gap. Starting with the evolution of Hong Kong’s industrial structure, this paper follows the idea that the industrial structure determines the employment structure and thus affects the change of the industry income gap. Then we use agent variables which describe the nature of industrial structure evolution and industry income gap to conduct causality analysis and regression analysis to find the dynamic and quantitative relationship between them.
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