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Social Capital, Barriers to Production and Capital Shares; Implications for the Importance of Parameter Heterogeneity from a Nonstationary Panel Approach
(James A. Baker III Institute for Public Policy of Rice University, 2007)
Recent advances in the growth literature have proposed that difficult to quantify concepts such as social capital may play an important role in explaining the degree of persistent income disparity that is observed among ...
Regional Income Divergence in China
(James A. Baker III Institute for Public Policy of Rice University, 2005)
Numerous policy studies have argued that conditions have prevailed in China since the open door economic reforms of the late 1970s that have encouraged rapid growth at the expense of regional income inequality across the ...