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...

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Bibliographic Details
Main Authors: Weiwei He, Yabin Zhang, Yuan Zhong, Juanjuan Chen
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2020-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0228023