Sun, Xianming; Xiao, Shiyi; Wang, Ganlin; Ren, Xiaohang - In: Journal of management science and engineering 9 (2024) 2, pp. 220-238
Innovation is a driving force of wealth distribution. To explore its time-varying effect on income inequality, we propose a nonparametric model using the local linear dummy variable estimation (LLDVE) method. Based on province-level panel data from China spanning from 2006 to 2020, we find that...