This study examines the effect of agricultural surplus labor on the urban-rural income gap in post-reform China. Using 29 Chinese provincial data from 1988 to 2011 and applying simultaneous equations, this study finds that surplus labor is an important factor for the increased inequality between...

Nutrition and Agriculture are interlinked with each other. Sustainable agricultural development is agricultural development that contributes to improving resource efficiency, strengthening resilience and securing social equity/responsibility of agriculture and food systems in order to ensure...

This research examines theoretically and empirically the economic origins of ethnolinguistic diversity. The empirical analysis constructs detailed data on the distribution of land quality and elevation across contiguous regions, virtual and real countries, and shows that variation in elevation...

A growth model with endogenous innovation and accumulation of high-tech and low-tech human capital is developed. The model accounts for a recently established fact about human capital composition, which stated that the richest countries are investing proportionally less than middle income...

This paper discusses the distributive consequences of trade flows in developing countries (DCs). On the theoretical side, we argue that the interplays between international openness and technology adoption may constitute an important mechanism leading to a possible increase of income...

Social interaction is the primary vehicle through which advancement of information and communication technologies (ICT) affects socio-economic outcomes. In the context of minority-majority relations, social distances and segregation determine the benefits individuals gain from social interaction...

Information and communication technologies (ICTs) influence income distribution directly and indirectly. A diverse pattern of decreases and increases in income inequality has emerged in parallel with increasing fixed and mobile connectivity. Building on earlier research, this paper develops a...

This study aims to examines the effects of an entrepreneur's human capital characteristics in early-stage firms in Korean venture industry. The data come from 260 firms which was gone public during 2000s in the Korean information technology (IT) industry. We consider age, schooling, and...

Benabou (2002) strengthens the so-called Efficient Redistribution Hypothesis (ERH) by demonstrating how income redistribution can promote growth and welfare by mitigating economic waste from resource misallocation that is caused by credit market frictions to production, which is subject to...

In our paper, we modify the concept of the middle-income trap (MIT) against the background of the Fourth Industrial Revolution and the (future) challenges of automation (creating the concept of the “MIT 2.0”). In particular, we analyze the impacts of automation, artificial intelligence, and...