IDEAS home Printed from https://ideas.repec.org/p/ris/adbewp/0307.html
   My bibliography  Save this paper

Tracking the Middle-Income Trap: What is It, Who is in It, and Why? Part 2

Author

Listed:
  • Felipe, Jesus

    (Asian Development Bank)

Abstract

This paper proposes and analyzes one possible reason why some countries get stuck in the middle-income trap: the role played by the changing structure of the economy (from low-productivity activities into high-productivity activities), the types of products exported (not all products have the same consequences for growth and development) and the diversification of the economy. We compare the exports of countries in the middle-income trap with those of countries that graduated, across eight dimensions that capture different aspects of a country’s capabilities to undergo structural transformation, and test whether they are different. Results indicate that, in general, they are different. We also compare the Republic of Korea, Malaysia, and the Philippines according to the number of products that each exports with revealed comparative advantage. We find that while the Republic of Korea was able to gain comparative advantage in a significant number of sophisticated products and well connected, Malaysia and the Philippines were able to gain comparative advantage in electronics only.

Suggested Citation

  • Felipe, Jesus, 2012. "Tracking the Middle-Income Trap: What is It, Who is in It, and Why? Part 2," ADB Economics Working Paper Series 307, Asian Development Bank.
  • Handle: RePEc:ris:adbewp:0307
    Note: http://www.adb.org/sites/default/files/pub/2012/economics-wp-307.pdf
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:adbewp:0307. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maria Susan M. Torres). General contact details of provider: http://edirc.repec.org/data/eradbph.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.