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...
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| Main Authors: | , , , , |
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| 格式: | Article |
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World Scientific
2024
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| 主題: | |
| 在線閱讀: | http://eprints.um.edu.my/45502/ https://doi.org/10.1142/S0217590820500083 |
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