Middle-income traps in East Asia: An inquiry into causes for slowdown in income growth

被引：15
|
作者：
Otsuka, Keijiro [1 ]
Higuchi, Yuki [2 ]
Sonobe, Tetsushi [3 ]
机构：
[1] Kobe Univ, Grad Sch Econ, Nada Ku, 2-1 Rokkodai, Kobe, Hyogo 6578501, Japan
[2] Nagoya City Univ, Grad Sch Econ, Mizuho Ku, 1 Yamanohata,Mizuho Cho, Nagoya, Aichi 4670802, Japan
[3] Natl Grad Inst Policy Studies, Minato Ku, 7-22-1 Roppongi, Tokyo 1068677, Japan
来源：
CHINA ECONOMIC REVIEW | 2017年 / 46卷
关键词：
Income traps; Human capital; Technology gap; Structural transformation; East Asia; ECONOMIC-DEVELOPMENT; WORLD;
D O I：
10.1016/j.chieco.2017.02.002
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
If the middle-income traps were merely equated with prolonged growth slowdowns occurring in the middle-income stage, as it is in some empirical studies, this concept would lose the meaning of existence. This paper proposes a new definition that considers the trap the aggravation of slowdowns due to inadequate responses, such as the adoption of counterproductive policies or the failure to adopt policies conducive to growth. By using data from high-, middle and low-income economies in East Asia, the paper asks which symptoms we should inspect in order to diagnose the middle-income trap when an economy is having a growth slowdown. (C) 2017 Published by Elsevier Inc.
引用
收藏
页码：S3 / S16
页数：14
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