کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5101157 1377276 2017 43 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Re-examining the middle-income trap hypothesis (MITH): What to reject and what to revive?
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Re-examining the middle-income trap hypothesis (MITH): What to reject and what to revive?
چکیده انگلیسی
Do middle-income countries face difficult challenges producing consistent growth? Using transition matrix analysis, we can easily reject any unconditional notion of a “middle-income trap” in the data. However, countries have different fundamentals and policies. Using a non-parametric classification technique, we search for variables that separate fast- and slow-growing countries. For middle-income countries, a relatively large working age population, sex ratio imbalance, macroeconomic stability, and financial development appear to be the key discriminatory variables. We do the same exercise for low-income countries. This framework yields conditions under which countries in the low- and middle-income ranges move forward or backward, or are trapped.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Money and Finance - Volume 73, Part A, May 2017, Pages 41-61
نویسندگان
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