NEW PAGRAVE DICTIONARY OF ECONOMICS, Larry Blume and Steven Durlauf, eds., Palgrave-Macmillan, 2008
9 Pages Posted: 30 Jan 2007 Last revised: 29 Jul 2012
Date Written: January 30, 2007
Nonlinearities in growth have important implications for cross-country income inequality. In particular, they imply that countries may spend long periods of time in a low-growth poverty trap. However, finding evidence of such nonlinearities in the data and accounting for their emergence pose unique challenges to researchers.
Keywords: balanced growth, diffusion of technology, economic growth, endogenous growth, growth take-offs, structural change
JEL Classification: C10, O10
Suggested Citation: Suggested Citation
Tan, Chih Ming, Economic Growth Nonlinearities (January 30, 2007). NEW PAGRAVE DICTIONARY OF ECONOMICS, Larry Blume and Steven Durlauf, eds., Palgrave-Macmillan, 2008. Available at SSRN: https://ssrn.com/abstract=960223