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Urban bias has long been China’s dominant economic policy. The persistent urban bias leads to a severe rural-urban income gap and diverts physical as well as an effect of diverting the rural resource out of agricultural sector, and thus is detrimental to agricultural growth. This paper...
Persistent link: https://www.econbiz.de/10008492287
In analysing the effects of economic policy in a Federal system, such as Australia, it is important to understand the interactions between the States and Territories. In particular, given that there is free movement between labour markets, to analyse economic policy it is important to understand...
Persistent link: https://www.econbiz.de/10005149067
One of the key assumptions in spatial econometric modelling is that the spatial process is isotropic, which means that direction is irrelevant in the specification of the spatial structure. On one hand, this assumption largely reduces the complexity of the spatial models and facilitates...
Persistent link: https://www.econbiz.de/10005087595