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Ethnic heterogeneity influences economic growth through various channels such as efficiency improvement and capital accumulation. However, it is open to discussion exactly how ethnic heterogeneity affects these channels. Hence, this paper attempts to examine the effects of heterogeneity on...
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Ethnic heterogeneity influences economic growth through various channels such as efficiency improvement and capital accumulation. However, it is open to discussion exactly how ethnic heterogeneity affects these channels. Hence, this paper attempts to examine the effects of heterogeneity on...
Persistent link: https://www.econbiz.de/10011526625
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Empirical results through a fixed effects regression model show that technological catch-up is three times as effective as capital deepening but both have done much to cause economic convergence among Japanese prefectures (regions). Results are contrary to existing research on East Asian growth...
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