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On the Existence of a Middle Income Trap

Peter Robertson () and Longfeng Ye
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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

Abstract: 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
Date: 2013
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Journal Article: On the Existence of a Middle-Income Trap (2016) Downloads
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