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Empirical evidence suggests that regional disparities in incomes are often very high, that these disparities do not necessarily disappear as economies grow and that these disparities are itself an important driver of growth. We use a novel approach based on multilevel modeling to decompose the...
Persistent link: https://www.econbiz.de/10010730640
Empirical evidence suggests that regional disparities in incomes are often very high, that these disparities do not necessarily disappear as economies grow and that these disparities are itself an important driver of growth. We use a novel approach based on multilevel modeling to decompose the...
Persistent link: https://www.econbiz.de/10005589950
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be argued that Africa's external finance problem is the result of the structure of its trade in the world economy in …
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