关键词: 金融结构, 收入分配, 融资模式, 金融制度
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Abstract: This paper explains the theoretical mechanism of financial structure (including banking structure) affecting income distribution, and analyzes the effect of financial structure on income distribution by dynamic panel model and panel threshold model. Results show that: (1) the effective functioning of the financing system depends on the matching and coordination of financial intermediaries in terms of quantity, scale and structure, and financial elements cooperate with each other according to the financing needs of market participants to optimize income distribution in the process of promoting the transformation of financial structure; (2) under the strategic background of the priority development of capital intensive industries, the structure of banking industry has a positive effect on the income distribution, and the high proportion of market financing shares of large commercial banks will not be conducive to the optimization of income distribution; (3) in the process of economic growth, financial structure has an inverted “U” effect on income distribution, and the transformation of financial structure from “bankoriented” to “marketoriented” will help optimize income distribution.

Key words: financial structure, income distribution, financing model, financial system