Journal Article

Income differences around the globe go beyond physical, human capital


Abstract: Differences in physical and human capital don't fully explain the staggering differences in living standards around the globe. The high cost of starting a new business and the difficulties in obtaining financing in some countries also are key factors.

Keywords: Income;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2010

Issue: Apr

Pages: 12-13