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Economic Growth Nonlinearities

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Chih Ming Tan

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Abstract

Nonlinearities in growth have important implications for cross-country income inequality. In particular, they imply that countries may spend long periods of time in a low-growth poverty trap. However, finding evidence of such nonlinearities in the data and accounting for their emergence pose unique challenges to researchers.

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Paper provided by Department of Economics, Tufts University in its series Discussion Papers Series, Department of Economics, Tufts University with number 0701.

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Date of creation: 2007
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Handle: RePEc:tuf:tuftec:0701

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