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Accepted 2024-11-22
Published 2025-01-26
Abstract
The purpose of this paper is to explore the impact of new quality productivity on the distribution of residents' income. By constructing an econometric model, this study empirically examines the impact of new quality productivity on the distribution of residents' income and its mechanism of action using panel data from 31 provinces in China from 2010 to 2022. The results show that new quality productivity can significantly increase the level of income distribution among residents, and this conclusion still holds after considering the endogeneity problem and conducting a series of robustness tests. The mediation effect analysis further reveals that the new quality productivity contributes to the improvement of the income distribution of residents through increasing innovation incentives. Heterogeneity analysis shows that new quality productivity has a stronger effect on the income distribution of residents in the eastern, central and northeastern regions, and a weaker effect on the western region.
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