<abstract xmlns="http://www.w3.org/1999/xhtml">
<sec><h3>Subject and purpose of work: </h3>
<p>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.</p>
</sec>
<sec><h3>Materials and methods: </h3>
<p>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.</p>
</sec>
<sec><h3>Results: </h3>
<p>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.</p>
</sec>
<sec><h3>Conclusions: </h3>
<p>To define the middle-income trap does not require a middle-income band 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.</p>
</sec>
</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 the middle-income trap does not require a middle-income band 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.

The middle-income trap – a problem of definition and empirical research

Economic and Regional Studies / Studia Ekonomiczne i Regionalne

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"The middle-income trap \u2013 a problem of definition and empirical research"}

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...

The middle-income trap – a problem of definition and empirical research

Published Online: Sep 29, 2023

Page range: 459 - 472

Received: Nov 01, 2022

Accepted: Jun 01, 2023

DOI: https://doi.org/10.2478/ers-2023-0030

Keywords
middle-income trap, middle-income countries, potential GNP, per capita GNI, middle-income band and bottom high-income economies

© 2023 Vishwajeet Singh Prajapati et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

The middle-income trap – a problem of definition and empirical research

Published Online: Sep 29, 2023

Page range: 459 - 472

Received: Nov 01, 2022

Accepted: Jun 01, 2023

DOI: https://doi.org/10.2478/ers-2023-0030

Keywordsmiddle-income trap, middle-income countries, potential GNP, per capita GNI, middle-income band and bottom high-income economies

© 2023 Vishwajeet Singh Prajapati et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
middle-income trap, middle-income countries, potential GNP, per capita GNI, middle-income band and bottom high-income economies