Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs

Danny Quah ()

No 1586, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an ‘emerging twin peaks’ in the cross-sectional distribution, not simple patterns of convergence or divergence. The theoretical problems raised concern interaction patterns among sub-groups of economies, not only problems of a single economy’s accumulating factor inputs and technology for growth.

Keywords: Conditioning; Convergence; Distribution Dynamics; Income Distribution; Inequality; Space; Trade; Twin Peaks (search for similar items in EconPapers)
JEL-codes: C13 C33 F43 O30 (search for similar items in EconPapers)
Date: 1997-03
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