The impact of income gap on the inverted U-shaped total factor productivity and its mechanisms: Evidence from transnational-level analysis.
This paper attempts to verify the "inverted U" effect of the income gap on the total factor productivity (TFP) of the country or region by constructing a theoretical model that includes income effects and substitution effects. Based on this, this paper uses the multinational panel data of...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Public Library of Science (PLoS)
2020-01-01
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Series: | PLoS ONE |
Online Access: | https://doi.org/10.1371/journal.pone.0228023 |