Abstract: Referring dual sector economic growth model，we analyze the relationship between inclusive financial development and urbanrural income inequalityAdopting 2011—2015 provincial level panel data，we test hypothesis empirically by using panel data models and modelsThe findings are:(1) Inclusive financial development has a apparent effect on narrowing urbanrural income inequality(2) Financial service cost of traditional bank and internet bank have negative impact on narrowing urbanrural income inequality，which suggests that the direct effect of inclusive financial development on urbanrural income inequality brings into play by lowing financial service cost(3)The impact of traditional banks financial inclusion in east is more apparent than that in middle and westThe impact of internet financial inclusion in middle and west is more significantAccordingly，this paper presents that we should pay attention to the influence of inclusive financial development on the urbanrural income inequality，in order to narrow the urbanrural income inequality in China

Key words: inclusive financial development , urbanrural income inequality , internet finance

摘要： 本文借鉴二元经济增长模型，分析了包容性金融发展与城乡居民收入差距的关系，并采用2011—2015年中国内地省级面板数据，运用面板数据模型和系统GMM模型对理论假设进行了实证检验。实证分析发现：（1）包容性金融发展对缩小城乡居民收入差距具有明显的促进作用；（2）传统银行的金融服务成本、互联网金融的数字支持服务程度对城乡居民收入差距的影响显著为负，这表明，包容性金融发展缩小城乡居民收入差距的直接作用主要是通过降低金融服务成本实现的；（3）传统银行金融包容性在缩小城乡居民收入差距方面的作用，东部比中西部更加明显，而互联网金融包容性对城乡居民收入差距的影响在中西部地区显著。据此，本文提出，应重视包容性金融发展的收入分配效应，以缩小我国城乡居民收入差距。

关键词: 包容性金融发展 , 城乡居民收入差距 , 互联网金融