What helps countries avoid the middle-income trap? A study of policy and institutional determinants
(2015) NEKN01 20151Department of Economics
- Abstract
- The essay identifies the factors that help countries avoid the middle-income trap. We study the effect of institutional indicators, and the educational and technological policy variables on the income growth of the middle-income countries, with the focus on the upper-middle income countries; using the Cross-section OLS estimation and the Fixed-Effects panel estimation. For the countries that have already passed the upper-middle income threshold, the tertiary education enrolment rate and technological policy variables have a positive and significant effect on the income growth. Regarding institutional indicators, the Strong Civil Society and the Bureaucratic Quality only have a positive effect on the growth in the estimation across... (More)
- The essay identifies the factors that help countries avoid the middle-income trap. We study the effect of institutional indicators, and the educational and technological policy variables on the income growth of the middle-income countries, with the focus on the upper-middle income countries; using the Cross-section OLS estimation and the Fixed-Effects panel estimation. For the countries that have already passed the upper-middle income threshold, the tertiary education enrolment rate and technological policy variables have a positive and significant effect on the income growth. Regarding institutional indicators, the Strong Civil Society and the Bureaucratic Quality only have a positive effect on the growth in the estimation across countries. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/7862485
- author
- Pramualsilp, Jirutsun LU
- supervisor
- organization
- course
- NEKN01 20151
- year
- 2015
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- upper-middle income countries, technology policies, education, institutions, economic growth, middle-income trap
- language
- English
- id
- 7862485
- date added to LUP
- 2015-09-15 12:37:05
- date last changed
- 2015-09-15 12:37:05
@misc{7862485, abstract = {{The essay identifies the factors that help countries avoid the middle-income trap. We study the effect of institutional indicators, and the educational and technological policy variables on the income growth of the middle-income countries, with the focus on the upper-middle income countries; using the Cross-section OLS estimation and the Fixed-Effects panel estimation. For the countries that have already passed the upper-middle income threshold, the tertiary education enrolment rate and technological policy variables have a positive and significant effect on the income growth. Regarding institutional indicators, the Strong Civil Society and the Bureaucratic Quality only have a positive effect on the growth in the estimation across countries.}}, author = {{Pramualsilp, Jirutsun}}, language = {{eng}}, note = {{Student Paper}}, title = {{What helps countries avoid the middle-income trap? A study of policy and institutional determinants}}, year = {{2015}}, }