Abstract

There is an ongoing discussion that many middle‐income countries are on the brink of the so‐called Middle‐income Trap, if not already stuck in it. The case of the Polish economy is analyzed, as an example of a Central‐Eastern Europe economy, to solve whether this is actually happening. Thanks to KLEMS growth accounting datasets published by Statistics Poland an analysis on this issue became feasible, showing that for Poland the assertion of the middle‐income trap threat has to be rejected after observing the growth distribution between industries, and particularly their growth decompositions into factor and MFP contributions. Extending this research to some other countries may possibly confirm that, just as for Poland, this “trap” is not taking place (or the converse). Although not solving the theoretical nexus on the middle‐income trap notion, these findings can be interesting for Central‐Eastern Europe economies’ researchers and the possible ongoing discussion.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.