Regional Diversification and Inequality between and within Regions
Ron Boschma
Reference
EconPol Forum 23 (5), 29-32
Abstract
- The relationship between diversification and wage inequality in regions is still poorly understood
- Related diversification is crucial for economic growth of regions
- Related diversification in more complex industries tends to increase wage inequality between regions
- Related diversification in less complex industries tends to reduce wage inequality
- It remains a policy challenge to combine smart and inclusive growth in regions