Dayal-Gulati, Anuradha; Husain, Aasim - 2021
development: (i) that economic takeoff is associated with technological transfer through foreign direct investment (FDI); and (ii …) that takeoff is accompanied, at least in the short term, by widening income inequality. The results indicate that FDI flows … have increased the rate of convergence in per capita incomes across China's provinces. However, the pattern of FDI, which …