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Showing 1 to 1 of 1 for “"business /innovation cycle"”.
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Does the business cycle matter for convergence testing? Evidence from U.S. commuting zone level data, 1973-2007
… economic environments. Based on the varying innovation capacities that occur at different stages of the business cycle, I hypothesize that in the more advanced stages of regional development, regional income inequality increases during a normal growth period and decreases during a …