The major objectives of this paper are to shed some light on the mechanism thatgenerates interregional economic imbalances among communities in rural China. Centralto this issue is the development of township and village enterprises (TVEs) because thepresence of secondary industry is closely...

The path dependency literature provides insights on the dynamic allocation processes in which events are non-ergodic and have multiple absorbing states. Technological change belongs to this class of processes. This paper contributes to this conceptual framework by analysing the distinction...