Economic growth driven by a broad spectrum of factors is essential to long-term, sustainable development. From this perspective the paper approaches the economic growth of rural areas in Romania in light of the Europe 2020 Strategy, in order to identify specific indicators and national targets....

We explore the relationship between the level of village inequality in 1986, and the subsequent growth of household incomes from 1986 to 1999. Using a detailed household-level data set from rural China, we find robust evidence that initial inequality is negatively related to subsequent household...