Quality and Interrelated Growth

Wilbur Coleman

No 206, 2016 Meeting Papers from Society for Economic Dynamics

Abstract: This paper develops a model in which a rapid expansion of the quality frontier by rich countries pushes poorer countries down the quality ladder and thereby leads to a widening dispersion of quality around the world as well as sluggish growth in poorer countries. This paper documents these features in the data, such as a recent rise in the dispersion of quality exported around the world between rich countries on the one hand and either poor countries or countries stuck in a middle-income trap on the other hand, as well as a widening dispersion of per-capita income among these groups.

Date: 2016
New Economics Papers: this item is included in nep-dge
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed016:206

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