GROWTH SLOWDOWNS AND MIDDLE-INCOME TRAP: EVIDENCE FROM NEW UNIT ROOT FRAMEWORK
This paper suggests a new testing procedure to systematically examine the middle-income trap (MIT). To empirically demonstrate this procedure, one high income and 14 middle-income countries are examined using newly developed unit root tests - Fourier ADF with structural break (FADF-SB) and Seemingly...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Format: | Article |
| Published: |
World Scientific
2024
|
| Subjects: | |
| Online Access: | http://eprints.um.edu.my/45502/ https://doi.org/10.1142/S0217590820500083 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Be the first to leave a comment!