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

doi:10.3868/s060-003-014-0022-8

Front. Econ. China

2014, Vol. 9

Issue (3) : 460-483 https://doi.org/10.3868/s060-003-014-0022-8

research-article

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

Yanrui Wu(

)

Business School, University of Western Australia, Perth, WA 6009, Australia

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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.

Keywords productivity middle income trap (MIT) economic growth Chinese economy

Issue Date: 23 September 2014

Cite this article:

Yanrui Wu. Productivity, Economic Growth and the Middle Income Trap: Implications for China[J]. Front. Econ. China, 2014, 9(3): 460-483.

URL:

https://academic.hep.com.cn/fec/EN/10.3868/s060-003-014-0022-8
https://academic.hep.com.cn/fec/EN/Y2014/V9/I3/460

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