Middle-Income Traps: A Conceptual and Empirical Survey
Journal of International Commerce, Economics and Policy（2015）
摘要
The term \"middle-income trap\" has entered common parlance in the development policy community, despite the lack of a precise definition. This paper discusses in more detail the definitional issues associated with the term. It also provides evidence on whether the growth performance of middle-income countries (MICs) has been different from other income categories, including historical transition phases in the inter-country distribution of income. A transition matrix analysis and an exploration of cross-country growth patterns provide little support for the existence of a middle-income trap.
更多查看译文
关键词
business cycle,descriptive statistics,inequality,externality,stagnation,income distribution,per capita income,volatility,financial markets,convergence,life expectancy,benchmark,economic development,economic indicators,empirical evidence,development economics,economic policy,low income countries,purchasing power parity,conditional convergence,income,economic history,gdp,data set,national income,economic structure,fluctuations,infant mortality,standard deviation,total factor productivity,measurement error,debt,welfare economics,economic growth,standard of living,constant returns to scale,productivity growth,mortality rates,real gdp,capital accumulation,developing countries
AI 理解论文
溯源树
样例
生成溯源树，研究论文发展脉络
Chat Paper
正在生成论文摘要