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Economic Growth Nonlinearities

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The New Palgrave Dictionary of Economics

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Abstract

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.

This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume.

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  1. http://link.springer.com/referencework/10.1057/978-1-349-95121-5

    Chih Ming Tan

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  1. Chih Ming Tan
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    Tan, C.M. (2008). Economic Growth Nonlinearities. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2609-1

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    • DOI: https://doi.org/10.1057/978-1-349-95121-5_2609-1

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    • Publisher Name: Palgrave Macmillan, London

    • Online ISBN: 978-1-349-95121-5

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