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Journal of Economic Growth

, Volume 2, Issue 1, pp 27–59 | Cite as

Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs

  • Danny T. Quah
Article

Abstract

This paper studies cross-country patterns of economicgrowth from the viewpoint of income distribution dynamics. Sucha perspective raises new empirical and theoretical issues ingrowth analysis: the profound empirical regularity is an “emergingtwin peaks” in the cross-sectional distribution, not simplepatterns of convergence or divergence. The theoretical problemsraised concern interaction patterns among subgroups of economies,not only problems of a single economy's accumulating factor inputsand technology for growth.

conditional convergence distribution dynamics income distribution inequality trade twin peaks 

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Copyright information

© Kluwer Academic Publishers 1997

Authors and Affiliations

  • Danny T. Quah
    • 1
  1. 1.London School of EconomicsUK

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