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

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  • Quah, Danny T

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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 subgroups of economies, not only problems of a single economy's accumulating factor inputs and technology for growth. Copyright 1997 by Kluwer Academic Publishers

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  • Quah, Danny T, 1997. "Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs," Journal of Economic Growth, Springer, vol. 2(1), pages 27-59, March.
  • Handle: RePEc:kap:jecgro:v:2:y:1997:i:1:p:27-59
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