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Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs

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Author Info
Quah, Danny

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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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Publisher Info
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1586.

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Date of creation: Mar 1997
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Handle: RePEc:cpr:ceprdp:1586

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Related research
Keywords: Conditioning; Convergence; Distribution Dynamics; Income Distribution; Inequality; Space; Trade; Twin Peaks;

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Find related papers by JEL classification:
C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Estimation
C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data
F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
O30 - Economic Development, Technological Change, and Growth - - Technological Change - - - General

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This page was last updated on 2009-10-29.

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