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ORIGINAL ARTICLE
THE MIDDLE-INCOME TRAP – A PROBLEM OF DEFINITION AND EMPIRICAL RESEARCH
VISHWAJEET SINGH PRAJAPATI 1
,
 
ASHUTOSH PRIYA 1
,
 
Vikas Pradhan 2
 
 
 
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1
Department of Economics, MJP ROHILKHAND UNIVERSITY BAREILLY, India
 
2
Department of Economics, Government P G College Bisalpur District Pilibhit, India
 
 
Submission date: 2022-11-23
 
 
Final revision date: 2023-05-21
 
 
Acceptance date: 2023-06-13
 
 
Publication date: 2023-09-28
 
 
Corresponding author
Vikas Pradhan   

Department of Economics, Government P G College Bisalpur District Pilibhit, 262201, Bisalpur, India
 
 
Economic and Regional Studies 2023;16(3):459-472
DOI: https://doi.org/10.2478/ers-2023-0030
 
 
Article (PDF)
References (38)
 
KEYWORDS
middle-income trap
middle-income countries
potential GNP
per capita GNI
middle-income band and bottom high-income economies
 
JEL CLASSIFICATION CODES
O40
 
TOPICS
International Development
 
ABSTRACT
Subject and purpose of work: Theoretical and empirical analysis of the middle-income trap. To test the validity to be able to fix a middle-income band to classify a country in the middle-income trap. Materials and methods: Theoretical and empirical studies on the middle-income trap have been used as material and the descriptive and explorative method of research has been used. Results: To fix a middle-income band was deemed to be unjustified because the middleincome band was found to change every year. The period of the middle-income trap was deemed justified and it was found that a potential based definition can be formed to create a distinction between trapped and non-trapped countries. Conclusions: To define t he m iddle-income t rap does not r equire a m iddle-income b and to be fixed for a period as long as 42 years, but what is require is the period itself and the continuity of increasing the potential of a country to cross the middle-income trap.
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