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regional convergence (or divergence) too. The aim of the paper is to study both the localization of R&D investments and … the presence of spatial correlation. Furthermore, we evaluate convergence or divergence in income growth and if it is … per capita GDP and per capita R&D investment. It follows the convergence analysis and conclusions. To study the spatial …
Persistent link: https://www.econbiz.de/10011481737
China's rapid economic growth in recent decades has not led to balanced income distribution: inter- and intra-provincial income inequality have been increasing and their respective contribution to the total income inequality remains relatively stable. Based on a new set of prefectural database...
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Though a country's economy is growing, separate regional development disparities could be even more significant. This paper aims to identify the situation of inequality of Lithuania's regions, taking into consideration the most important factors of regional economic growth and investments....
Persistent link: https://www.econbiz.de/10012174785
This paper examines the relationship between infrastructure development and income inequality in urban People's Republic of China. Recent policies target reductions in income inequality while increasing sustainable urban development. Infrastructure investment plays a key role in achieving both...
Persistent link: https://www.econbiz.de/10011635237
We analyze the cross-national distribution of GDP per capita and its evolution from 1970 to 2003. We argue that peaks are not a suitable measure for distinct growth regimes, because the number of peaks is not invariant under strictly monotonic transformations of the data (e.g. original vs. log...
Persistent link: https://www.econbiz.de/10010288996
-economy income convergence. Where RCK predicts partial income and consumption convergence between open economies Solow predicts full … convergence. This paper presents, by a small modification of the savings behavior in the Solow model, a framework that matches RCK … country size; that income growth will be a U-shaped function of initial income thus creating differentiated convergence; and …
Persistent link: https://www.econbiz.de/10012619417