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Discussion Paper Details

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

Author(s): Danny Quah

Publication Date: March 1997

Keyword(s): Conditioning, Convergence, Distribution Dynamics, Income Distribution, Inequality, Space, Trade and Twin Peaks

Programme Area(s): International Macroeconomics

Abstract: This paper studies cross-country patterns of economic growth from the viewpoint of income distribution dynamics. Such a perspective raises new empirical and theoretical issues in growth analysis: the profound empirical regularity is an ?emerging twin peaks? in the cross-sectional distribution, not simple patterns of convergence or divergence. The theoretical problems raised concern interaction patterns among sub-groups of economies, not only problems of a single economy?s accumulating factor inputs and technology for growth.

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Bibliographic Reference

Quah, D. 1997. 'Empirics for Growth and Distribution: Stratification, Polarization, and Convergence Clubs'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=1586