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Empirics for Growth and Distribution

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  • Danny Quah

Abstract

This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an "emerging twin peaks" in the cross-sectional distribution, not simple patterns of convergence or divergence. The theoretical problems raised concern interaction patterns among sub-groups of economies, not only problems of a single economy's accumulating factor inputs and technology for growth.

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  • Danny Quah, 1997. "Empirics for Growth and Distribution," CEP Discussion Papers dp0324, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepdps:dp0324
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