Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/215646 
Erscheinungsjahr: 
2017
Schriftenreihe/Nr.: 
CEAMeS Discussion Paper No. 4/2017
Versionsangabe: 
Updated Version
Verlag: 
University of Hagen, Center for East Asia Macro-economic Studies (CEAMeS), Hagen
Zusammenfassung: 
Over the last decade, a growing body of literature dealing with the phenom-enon of the "middle-income trap" (MIT) has emerged. The term MIT usually refers to countries that have experienced rapid growth and thus reached the status of a middle-income country (MIC) in a very short period of time, but have not been able to further catch up with the group of high-income economies. In particular, since the beginning growth slowdown of the Chinese economy in 2011, there has been rising concern that China is, or will also be, confronted with such a trap. This paper analyzes the Chinese MIT situation taking into account both the (absolute and relative) empirical MIT defi-nitions and MIT triggering factors identified in the literature. We not only survey the recent literature, but also make our own MIT forecasts and analyze under which condi-tions China could be caught in an MIT.
Schlagwörter: 
middle-income trap
China
economic growth
economic development
human capital
export structure
total factor productivity
JEL: 
O10
O40
O47
O53
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe





Publikationen in EconStor sind urheberrechtlich geschützt.