[1] Univ Calif Santa Barbara, Dept Econ, Santa Barbara, CA USA
[2] Univ Texas Austin, Lyndon B Johnson Sch Publ Affairs, Austin, TX 78712 USA
[3] Hunan Univ, Sch Econ & Trade, Changsha, Peoples R China
[4] Hunan Univ, Ctr Econ Finance & Management Studies, Changsha, Peoples R China