Lokshin, Michael; Ravallion, Martin - In: Studies in Nonlinear Dynamics & Econometrics 8 (2004) 3
We test for the existence of poverty traps and distribution-dependent growth using a nonlinear dynamic panel data model of household incomes allowing for endogenous attrition. Our estimates for Hungary and Russia in the 1990s reveal significant nonlinearity in the dynamics, consistent with the...