Empirics for Growth and Distribution
Danny Quah
CEP Discussion Papers from Centre for Economic Performance, LSE
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.
Date: 1997-01
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepdps:dp0324
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