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Which structural reforms affect the speed the regional convergence within a country? We found that domestic financial … regional convergence. However, these reforms have mixed effects on the growth of regions closer to the country’s development … speeding up regional convergence increases national income. We also present a theoretical model to discuss these results. …
Persistent link: https://www.econbiz.de/10011084335
We estimate the effect on economic development of China's industrial policy, in particular, the establishment of Special Economic Zones (SEZ). We use data from a panel of 276 Chinese cities and prefectures from 1988 to 2010. Our difference-in-difference estimator exploits the variation in the...
Persistent link: https://www.econbiz.de/10011084232