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来源类型Working Paper
规范类型报告
DOI10.3386/w23126
来源IDWorking Paper 23126
Re-examining the Middle-Income Trap Hypothesis (MITH): What to Reject and What to Revive?
Xuehui Han; Shang-Jin Wei
发表日期2017-02-06
出版年2017
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 nonparametric 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 move forward or backward, or are trapped.
主题Development and Growth ; Development ; Growth and Productivity
URLhttps://www.nber.org/papers/w23126
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/580800
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Xuehui Han,Shang-Jin Wei. Re-examining the Middle-Income Trap Hypothesis (MITH): What to Reject and What to Revive?. 2017.
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