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On the Existence of a Middle Income Trap

Author

Listed:
  • Peter E Robertson

    (Business School, University of Western Australia)

  • Longfeng Ye

    (Business School, University of Western Australia)

Abstract

The term "middle income trap" has been widely used in the literature, without having been clearly de ned or formally tested. We propose a statistical de nition of a middle income trap and derive a simple time-series test. We nd that the concept survives a rigorous scrutiny of the data, with the growth patterns of 19 countries being consistent with our de nition of a middle income trap..

Suggested Citation

  • Peter E Robertson & Longfeng Ye, 2013. "On the Existence of a Middle Income Trap," Economics Discussion / Working Papers 13-12, The University of Western Australia, Department of Economics.
  • Handle: RePEc:uwa:wpaper:13-12
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    References listed on IDEAS

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    Cited by:

    1. Han , Xuehui & Wei, Shang-Jin, 2015. "Re-examining the Middle-Income Trap Hypothesis: What to Reject and What to Revive?," ADB Economics Working Paper Series 436, Asian Development Bank.
    2. repec:oup:cjrecs:v:10:y:2017:i:1:p:35-57. is not listed on IDEAS
    3. Rod Tyers & Ying Zhang & Tsun Se Cheong, 2013. "China’s Saving and Global Economic Performance," Economics Discussion / Working Papers 13-20, The University of Western Australia, Department of Economics.
    4. Gordon Anderson & Maria Grazia Pittau & Roberto Zelli, 2016. "Assessing the convergence and mobility of nations without artificially specified class boundaries," Journal of Economic Growth, Springer, vol. 21(3), pages 283-304, September.
    5. Emiliano Libman & Juan Antonio Montecino & Arslan Razmi, 2017. "Sustained investment surges," UMASS Amherst Economics Working Papers 2017-09, University of Massachusetts Amherst, Department of Economics.
    6. Linda Glawe & Helmut Wagner, 2016. "The Middle-Income Trap: Definitions, Theories and Countries Concerned—A Literature Survey," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 58(4), pages 507-538, December.
    7. Paus, Eva, 2014. "Latin America and the middle-income trap," Financiamiento para el Desarrollo 250, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    8. Glawe, Linda & Wagner, Helmut, 2016. "China in the Middle-Income Trap?," MPRA Paper 73336, University Library of Munich, Germany.
    9. repec:cpn:umkeip:v:17:y:2018:i:4:p:367-381 is not listed on IDEAS
    10. Han, Xuehui & Wei, Shang-Jin, 2017. "Re-examining the middle-income trap hypothesis (MITH): What to reject and what to revive?," Journal of International Money and Finance, Elsevier, vol. 73(PA), pages 41-61.
    11. Wade, Robert Hunter, 2016. "Industrial policy in response to the middle-income trap and the Third Wave of the digital revolution," LSE Research Online Documents on Economics 69649, London School of Economics and Political Science, LSE Library.
    12. Takatoshi Ito, 2017. "Growth Convergence and the Middle-Income Trap," Asian Development Review, MIT Press, vol. 34(1), pages 1-27, March.
    13. Gill,Indermit S. & Kharas,Homi, 2015. "The middle-income trap turns ten," Policy Research Working Paper Series 7403, The World Bank.
    14. Riana Razafimandimby Andrianjaka & Eric Rougier, 2017. "What difference does it make? Revue de littérature et analyse empirique des déterminants de la Trappe à Revenu Intermédiaire," Cahiers du GREThA 2017-16, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).

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