科技报告详细信息
Transitioning from Low-Income Growth to High-Income Growth : Is There a Middle-Income Trap?
Bulman, David ; Eden, Maya ; Nguyen, Ha
Taylor and Francis
关键词: economic growth;    cross-country convergence;    middle-income trap;    economic transition;   
DOI  :  10.1080/13547860.2016.1261448
RP-ID  :  113004
学科分类:社会科学、人文和艺术(综合)
来源: World Bank Open Knowledge Repository
PDF
【 摘 要 】

Is there a ‘middle-income trap’? Theory suggests that the determinants of growth at low and high income levels may be different. If countries struggle to transition from growth strategies that are effective at low income levels to growth strategies that are effective at high income levels, they may stagnate at some middle-income level; this phenomenon can be thought of as a ‘middle-income trap.’ Defining income levels based on per capita gross domestic product relative to the United States, we do not find evidence for (unusual) stagnation at any particular middle-income level. However, we do find evidence that the determinants of growth at low and high income levels differ. These findings suggest a mixed conclusion: middle-income countries may need to change growth strategies in order to transition smoothly to high income growth strategies, but this can be done smoothly and does not imply the existence of a middle-income trap.

【 预 览 】
附件列表
Files Size Format View
10.108013547860.2016.1261448.pdf 575KB PDF download
  文献评价指标  
  下载次数:11次 浏览次数:6次