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- W2111888393 abstract "This paper examines the eect of population diversity or fractionalization on income growth in U.S. cities. Using city level data across decades, I nd population diversity has no signicant impact on income growth. This directly contradicts the conclusion of established researches that fractionalization causes signicant negative impact on income growth of a locality. I consider fractionalization and public policy to be jointly determined, and use instrumental variables to establish the causality between fractionalization and income growth. My results show that when fractionalization is assumed to be an exogenous characteristic, it does have a signicant negative impact on growth. However, instrumenting fractionalization in a 2SLS" @default.
- W2111888393 created "2016-06-24" @default.
- W2111888393 creator A5041243130 @default.
- W2111888393 date "2009-01-01" @default.
- W2111888393 modified "2023-09-27" @default.
- W2111888393 title "Fractionalization and The Tragedy of Growth" @default.
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