Economic growth and diverging clubs: a case study of the Chinese regions
AbstractA production model is proposed to explain why economic growth may lead to regional inequality and club divergence. Economic growth starts from a few centres and spills over to other regions. The spillover effect diminishes as distance rises, causing club formation with a clear geographical pattern.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 9 (2002)
Issue (Month): 12 ()
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