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- W2912112644 endingPage "100698" @default.
- W2912112644 startingPage "100698" @default.
- W2912112644 abstract "This paper aims to examine the distribution dynamics of intangible capital investment across Chinese regions and hence contributes to the understanding of China’s regional development. A nonparametric approach is adopted to investigate the long-run distribution dynamics. Intertemporal dynamics and spatial conditional dynamics are analysed to explore the impacts of the global financial crisis and knowledge spill-over on intangibles’ distribution. It is shown that the formation of convergence clusters persists in the long run. High levels of investment tend to be concentrated in a few coastal regions while investment in most Chinese regions is projected to be low. External shocks exert an adverse effect: The post-global financial crisis transition dynamics indicate that most regions tend to converge towards a lower level than the pre-crisis dynamics imply. Finally, knowledge spill-over in the context of intangibles is identified to be an important factor that helps mitigate regional imbalance." @default.
- W2912112644 created "2019-02-21" @default.
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- W2912112644 date "2019-06-01" @default.
- W2912112644 modified "2023-10-18" @default.
- W2912112644 title "Intangible capital distribution in China" @default.
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- W2912112644 doi "https://doi.org/10.1016/j.ecosys.2019.100698" @default.
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