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What helps countries avoid the middle-income trap? A study of policy and institutional determinants

Pramualsilp, Jirutsun LU (2015) NEKN01 20151
Department 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)
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author
Pramualsilp, Jirutsun LU
supervisor
organization
course
NEKN01 20151
year
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},
  keyword      = {upper-middle income countries,technology policies,education,institutions,economic growth,middle-income trap},
  language     = {eng},
  note         = {Student Paper},
  title        = {What helps countries avoid the middle-income trap? A study of policy and institutional determinants},
  year         = {2015},
}