Technology Adoption and the Middle-Income Trap : Lessons from the Middle East and East Asia

This paper documents the existence of a "middle-income trap" for the Middle East and North Africa region. It argues that the economic woes of the Middle East and North Africa offer new insights into the debate on the trap which has thus f...

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Main Authors:	Arezki, Rabah, Fan, Rachel Yuting, Nguyen, Ha
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	TECHNOLOGY INNOVATION TECHNOLOGY ADOPTION MIDDLE-INCOME TRAP EMERGING MARKET ECONOMIES TOTAL FACTOR PRODUCTIVITY BARRIER TO ENTRY FIRM DYNAMIC ECONOMIC GROWTH COMPETITION POLICY
Online Access:	http://documents.worldbank.org/curated/en/314521559247613834/Technology-Adoption-and-the-Middle-Income-Trap-Lessons-from-the-Middle-East-and-East-Asia http://hdl.handle.net/10986/31797

id	okr-10986-31797
recordtype	oai_dc
spelling	okr-10986-317972022-09-20T00:15:16Z Technology Adoption and the Middle-Income Trap : Lessons from the Middle East and East Asia Arezki, Rabah Fan, Rachel Yuting Nguyen, Ha TECHNOLOGY INNOVATION TECHNOLOGY ADOPTION MIDDLE-INCOME TRAP EMERGING MARKET ECONOMIES TOTAL FACTOR PRODUCTIVITY BARRIER TO ENTRY FIRM DYNAMIC ECONOMIC GROWTH COMPETITION POLICY This paper documents the existence of a "middle-income trap" for the Middle East and North Africa region. It argues that the economic woes of the Middle East and North Africa offer new insights into the debate on the trap which has thus far focused on the East Asia and Pacific region. The results are two-folds. First, non-parametric regressions show that the average rate of economic growth in the Middle East and North Africa has not only been significantly lower than that in the East Asia and Pacific region, but it has also tended to drop at an earlier level of income. Second, econometric results point to Middle East and North Africa having experienced a relatively slow pace of technology adoption in general-purpose technologies. The paper concludes that barriers to the adoption of general-purpose technologies related to the lack of contestability in key sectors could constitute an important channel of transmission for the middle-income trap. 2019-06-06T14:24:51Z 2019-06-06T14:24:51Z 2019-05 Working Paper http://documents.worldbank.org/curated/en/314521559247613834/Technology-Adoption-and-the-Middle-Income-Trap-Lessons-from-the-Middle-East-and-East-Asia http://hdl.handle.net/10986/31797 English Policy Research Working Paper;No. 8870 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Middle East and North Africa East Asia Middle East North Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	TECHNOLOGY INNOVATION TECHNOLOGY ADOPTION MIDDLE-INCOME TRAP EMERGING MARKET ECONOMIES TOTAL FACTOR PRODUCTIVITY BARRIER TO ENTRY FIRM DYNAMIC ECONOMIC GROWTH COMPETITION POLICY
spellingShingle	TECHNOLOGY INNOVATION TECHNOLOGY ADOPTION MIDDLE-INCOME TRAP EMERGING MARKET ECONOMIES TOTAL FACTOR PRODUCTIVITY BARRIER TO ENTRY FIRM DYNAMIC ECONOMIC GROWTH COMPETITION POLICY Arezki, Rabah Fan, Rachel Yuting Nguyen, Ha Technology Adoption and the Middle-Income Trap : Lessons from the Middle East and East Asia
geographic_facet	Middle East and North Africa East Asia Middle East North Africa
relation	Policy Research Working Paper;No. 8870
description	This paper documents the existence of a "middle-income trap" for the Middle East and North Africa region. It argues that the economic woes of the Middle East and North Africa offer new insights into the debate on the trap which has thus far focused on the East Asia and Pacific region. The results are two-folds. First, non-parametric regressions show that the average rate of economic growth in the Middle East and North Africa has not only been significantly lower than that in the East Asia and Pacific region, but it has also tended to drop at an earlier level of income. Second, econometric results point to Middle East and North Africa having experienced a relatively slow pace of technology adoption in general-purpose technologies. The paper concludes that barriers to the adoption of general-purpose technologies related to the lack of contestability in key sectors could constitute an important channel of transmission for the middle-income trap.
format	Working Paper
author	Arezki, Rabah Fan, Rachel Yuting Nguyen, Ha
author_facet	Arezki, Rabah Fan, Rachel Yuting Nguyen, Ha
author_sort	Arezki, Rabah
title	Technology Adoption and the Middle-Income Trap : Lessons from the Middle East and East Asia
title_short	Technology Adoption and the Middle-Income Trap : Lessons from the Middle East and East Asia
title_full	Technology Adoption and the Middle-Income Trap : Lessons from the Middle East and East Asia
title_fullStr	Technology Adoption and the Middle-Income Trap : Lessons from the Middle East and East Asia
title_full_unstemmed	Technology Adoption and the Middle-Income Trap : Lessons from the Middle East and East Asia
title_sort	technology adoption and the middle-income trap : lessons from the middle east and east asia
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/314521559247613834/Technology-Adoption-and-the-Middle-Income-Trap-Lessons-from-the-Middle-East-and-East-Asia http://hdl.handle.net/10986/31797
_version_	1764475090781601792

Technology Adoption and the Middle-Income Trap : Lessons from the Middle East and East Asia

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