In recent decades there has been increasing attention for Chinese economic development. There has been a big debate though if its growth is caused by capital accumulation (perspiration factors) or driven by Total Factor Productivity (TFP) growth (inspiration factors). The difference between both...

There have been increased attention on how man’s activities affect the environment negatively especially in developed countries. However, there are countless number of activities such as charcoal production and electricity generation from oil in developing countries that have potential carbon...

In this paper, we address the issue of how education affected income inequality in twentieth-century Africa. Three channels are identified through which education may affect income inequality. First, an increase in the average educational level is correlated with an increase in average income,...