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Productivity, Economic Growth and the Middle Income Trap: Implications for China.

Authors :
Yanrui Wu
Source :
Frontiers of Economics in China; Sep2014, Vol. 9 Issue 3, p460-483, 24p
Publication Year :
2014

Abstract

This paper explores the middle income trap (MIT) concept from the perspective of productivity growth. Through the examination of cross-country historical statistics as well as China's regional data, it sheds light on the debate about whether the Chinese economy can avoid the middle income trap. It should be one of the first papers proposing an analytical framework to address this controversial issue. The findings should have important implications for economic policies guiding China's development in the coming decades. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
16733444
Volume :
9
Issue :
3
Database :
Complementary Index
Journal :
Frontiers of Economics in China
Publication Type :
Academic Journal
Accession number :
100970699
Full Text :
https://doi.org/10.3868/s060-003-014-0022-8