Economic Growth Nonlinearities
Chih Ming Tan
No 701, Discussion Papers Series, Department of Economics, Tufts University from Department of Economics, Tufts University
Abstract:
Nonlinearities in growth have important implications for cross-country income inequality. In particular, they imply that countries may spend long periods of time in a low-growth poverty trap. However, finding evidence of such nonlinearities in the data and accounting for their emergence pose unique challenges to researchers.
Date: 2007
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