What kind of article is it?
This is an article that presents data using a number of statistical tools. In this article, the authors used panel data on metropolitan areas in the US from 1993 to 2002. Descriptive statistics and basic panel regression for the variables were used to analyze the short-term effects of racial integration as well as financial capital income, employment, entrepreneurship and innovation. Then, the authors used cross-sectional analyses and partial linear adjustment models to explore the longer-term effects of social integration on venture capital. For analyzing the impact of racial integration on invention in a region and diversity of entrepreneurs, the authors used regression analysis and coefficient analysis, and micro-level evidence.
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What is the main area under discussion?
The main area under discussion of this article is to analyze the influence of the social structure of a community on economic development. Several sociological works of literature explored these patterns of exchange along with information flow but could not provide an effective outcome of influence in economic growth at the societal level. This article highlights social structure that can work as a tool of stratification, rather than as a tool of growth and wealth level in society.
What are the main findings?
The key finding of this article is that racial integration has a moderate impact on venture capital. In other words, micro-geography of residential patterns has a moderate impact on venture capital. This means the finding discloses that venture capital provides wider advantages to ethnically-integrated places. This article demonstrated societies with racial………..