G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10989
DP10989 Re-examining the Middle Income Trap Hypothesis: What to Reject and What to Revive?
Shang-Jin Wei
发表日期2015-12-13
出版年2015
语种英语
摘要Do middle-income countries face difficult challenges producing consistent growth? Using transition matrix analysis, we can easily reject any unconditional notion of a ?middle-income trap? in the data. However, countries have different fundamentals and policies. Using a non-parametric classification technique, we search for variables that separate fast- and slow-growing countries. For middle-income countries, a relatively large working age population, sex ratio imbalance, macroeconomic stability, and financial development appear to be the key discriminatory variables. We do the same exercise for low-income countries. This framework yields conditions under which countries in the low- and middle-income ranges are trapped or even move backward.
主题Development Economics
关键词Low-income trap Regression tree Middle-income trap Sex ratio imbalance
URLhttps://cepr.org/publications/dp10989
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539818
推荐引用方式
GB/T 7714
Shang-Jin Wei. DP10989 Re-examining the Middle Income Trap Hypothesis: What to Reject and What to Revive?. 2015.
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