We have posed an interesting and possibly original question: Why are Chinese villages that are so close together geographically so far apart economically? We have developed an answer in terms of factor immobiblities and processes of cumulative causation. Our results are not conclusive: Sharper tests would require a closer analysis of each village economy over time. Nevertheless, the evidence is suggestive.
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Paper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number
99186.
Find related papers by JEL classification: O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Regional, Urban, and Rural Analyses R51 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
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