On the Existence of a Middle Income Trap
Peter Robertson () and
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Longfeng Ye: Business School, University of Western Australia
No 13-12, Economics Discussion / Working Papers from The University of Western Australia, Department of Economics
The term "middle income trap" has been widely used in the literature, without having been clearly de ned or formally tested. We propose a statistical de nition of a middle income trap and derive a simple time-series test. We nd that the concept survives a rigorous scrutiny of the data, with the growth patterns of 19 countries being consistent with our de nition of a middle income trap..
Pages: 23 pages
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Journal Article: On the Existence of a Middle-Income Trap (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:uwa:wpaper:13-12
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