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Some Facts about Income Levels and Economic Growth

Everett E. Hagen

The Review of Economics and Statistics 1960

PpT HE term underdeveloped is often used to refer either to countries with low incomes or to countries in which the level of per capita income is not rising, without clear discrimination between the two concepts. The purpose of this paper is the simple factual one of presenting two classifications of all the areas of the world, one according to their levels of per capita income and one according to whether continuing rise in per capita incomes seems to have begun, and of noting the degree of congruence between the two lists.'

DOI
10.2307/1926096
Volume
42 (1)
Pages
62
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