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Issue 5(1), October 2010 -- Paper Abstracts

Girard  (p. 9-22)

Cooper (p. 23-32)

Kunz-Osborne (p. 33-41)

Coulmas-Law (p.42-46)

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Albert-Valette-Florence (p.57-63)

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JOURNAL OF APPLIED BUSINESS AND ECONOMICS

The Productivity, Economic Structure and Middle-income Trap—Can China Avoid this Trap?

Author(s): Yueyun(Bill) Chen, Liping Yu, Chengyi Pu, Lianlian Lin

Citation: Yueyun(Bill) Chen, Liping Yu, Chengyi Pu, Lianlian Lin, (2017) "The Productivity, Economic Structure and Middle-income Trap—Can China Avoid this Trap?," Journal of Applied Business and Economics, Vol. 19, Iss.11, pp. 78-103

Article Type: Research paper

Publisher: North American Business Press

Abstract:

This paper establishes an economic model to directly study the effects of the labor ratio, economic

structure and productivity of a country on its economic growth. The model analysis also indicates the

relevancy and importance of the stable exchange and inflation rates to the economic success of a nation.

Using data from selected countries over the particular years, this paper explores and explains why some

economies have successfully passed through the middle-income trap, while others fell in. The paper then

compares China’s relevant data with that of others, and discusses challenges and problems China faces

and how it can avoid this middle-income trap.