Transborder spillover effects of poverty on crime: Applying spatial econometric models to Chinese data
In: China economic review, Band 85, S. 102178
ISSN: 1043-951X
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In: China economic review, Band 85, S. 102178
ISSN: 1043-951X
In: BOFIT Discussion Paper 7/2023
SSRN
In: China economic review, Band 68, S. 101643
ISSN: 1043-951X
In: Journal of international development: the journal of the Development Studies Association, Band 35, Heft 7, S. 1684-1710
ISSN: 1099-1328
AbstractThis paper proposes an indicator measuring the likelihood for an economy to escape the middle income trap (MIT) and then estimates the impact of income inequality on this indicator using 1960‐2019 cross‐country data. Major findings include the following: (1) The likelihood of escaping MIT is relatively large for Asia, followed by Europe, Africa, North America and South America. (2) Inequality is negatively and significantly correlated with the MIT indicator, particularly in freer, high‐income and MIT country groups. (3) Regarding the mechanisms, domestic investment, human capital accumulation and trade openness contribute positively to this indicator, while ageing does the opposite.