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We argue that the interaction between mobility and wealth provides a view that rationalizes low geographic migration rates, despite migration costs being lower than currently thought. We reach this conclusion by developing and solving a quantitative dynamic spatial equilibrium model with...
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Many studies of regional disparity in China have focused on the preferential policies received by the coastal provinces. We decomposed the location dummies in provincial growth regressions to obtain estimates of the effects of geography and policy on provincial growth rates in 1996-99. Their...
Persistent link: https://www.econbiz.de/10014121945
Many studies of regional disparity in China have focused on the preferential policies received by the coastal provinces. We decomposed the location dummies in provincial growth regressions to obtain estimates of the effects of geography and policy on provincial growth rates in 1996?99. Their...
Persistent link: https://www.econbiz.de/10014124450
This study investigates the geographic effects on regional economic growth in China under market reforms. We develop a model for the regional growth pattern of the Chinese economy during the period, characterized by foreign direct investment (FDI) and mobilization of rural surplus labor. The FDI...
Persistent link: https://www.econbiz.de/10014103496