Productivity, Economic Growth and the Middle Income Trap: Implications for China

Yanrui Wu

Frontiers of Economics in China-Selected Publications from Chinese Universities, 2014, vol. 9, issue 3, 460-483

Abstract: This paper explores the middle income trap (MIT) concept from the perspective of productivity growth. Through the examination of cross-country historical statistics as well as China¡¯s regional data, it sheds light on the debate about whether the Chinese economy can avoid the middle income trap. It should be one of the first papers proposing an analytical framework to address this controversial issue. The findings should have important implications for economic policies guiding China¡¯s development in the coming decades.

Keywords: productivity; middle income trap (MIT); economic growth; Chinese economy (search for similar items in EconPapers)
JEL-codes: O4 O5 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:fec:journl:v:9:y:2014:i:3:p:460-483

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