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Exits from the poverty trap and growth accelerations in a dual economy model
Review of Development Economics ( IF 2.0 ) Pub Date : 2021-04-27 , DOI: 10.1111/rode.12776
Jean‐Claude Berthelemy 1
Affiliation  

We propose a simple theoretical dual economy model to study the dynamics of an economy in which individuals move out of a poverty trap. These dynamics are characterized by growth acceleration. This model implies that poverty reduction could, under some circumstances, cause growth, rather than the other way around. We define a measurement of the growth impulse that could be triggered by independent exits from poverty and correlate it with observed growth ccelerations. This correlation is both positive and significant, and it passes various robustness checks.

中文翻译:

二元经济模式下的脱贫陷阱与加速增长

我们提出了一个简单的理论二元经济模型来研究个人摆脱贫困陷阱的经济动态。这些动态的特点是增长加速。该模型暗示,在某些情况下,减贫可能会导致增长,而不是相反。我们定义了对独立摆脱贫困可能触发的增长冲动的衡量,并将其与观察到的增长加速相关联。这种相关性既是积极的又是显着的,它通过了各种稳健性检查。
更新日期:2021-04-27
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