Advanced Search
MyIDEAS: Login

A comparative analysis between the relation of income distribution and economic regional integration in East Asia and Latin America

Contents:

Author Info

  • Ángela Jeaneth Ospina Enciso

    ()

Registered author(s):

    Abstract

    This paper analyses the relationship between inequality and de facto regional economic integration during the last two decades in Latin America and East Asia Pacific regions, focusing on intra-regional exports. Globalization has been considered as a driving of inequality, although export-led growth models are associated with high economic growth rates. Export-led growth models have been more dynamic in East Asia than in Latin America, through the development of supply chain networks of intermediate and final goods. Research questions explore the relation between inequality and patterns of de facto intra-regional trade. Empirical analysis uses a fixed effects panel data with Heteroskedasticity and Autocorrelation Consistent (HAC) covariance matrix. Results showed that increments in regional intra-trade are associated with reductions of inequality, more in East Asia Pacific than in Latin America. The contribution of this paper is the introduction of intra-regional trade as a new factor that is negatively associated with inequality. ________ RESUMEN Este trabajo analiza la relación entre la desigualdad y la integración económica regional de facto durante las últimas dos décadas en América Latina y la región de Asia Oriental y el Pacífico, centrándose en las exportaciones intraregionales. La globalización ha sido considerada como una causa de desigualdad. Sin embargo, los modelos de promoción de exportaciones son asociados con altas tasas de crecimiento económico. Los modelos de promoción de exportaciones han sido más dinámicos en Asia Oriental que en América Latina, a través del desarrollo de redes de suministro de bienes intermedios y finales. Las preguntas de investigación exploran la relación entre desigualdad y los patrones del comercio intra-regional de facto. El análisis empírico hace uso de un panel de datos con efectos fijos, con una matriz de covarianza consistente ante heterocedasticidad. Los resultados muestran que los incrementos en comercio intra-regional están asociados con una reducción de la desigualdad, más en la región de Asia Oriental y el Pacífico que en América Latina. La contribución de este trabajo es la introducción del comercio intra-regional como un nuevo factor que es asociado negativamente a la desigualdad.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://portalweb.ucatolica.edu.co/easyWeb2/files/4_8065_a-comparative-analysis-between-the-relation-of-income-distribution-and-economic-regional-integration.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by UNIVERSIDAD CATOLICA DE COLOMBIA in its journal REVISTA FINANZAS Y POLÍTICA ECONÓMICA.

    Volume (Year): (2011)
    Issue (Month): ()
    Pages:

    as in new window
    Handle: RePEc:col:000443:009737

    Contact details of provider:

    Related research

    Keywords:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Kimura, Fukunari & Takahashi, Yuya & Hayakawa, Kazunobu, 2007. "Fragmentation and parts and components trade: Comparison between East Asia and Europe," The North American Journal of Economics and Finance, Elsevier, vol. 18(1), pages 23-40, February.
    2. François Bourguignon & Christian Morrisson, 2002. "Inequality Among World Citizens: 1820-1992," American Economic Review, American Economic Association, vol. 92(4), pages 727-744, September.
    3. Birchenall, Javier A., 2001. "Income distribution, human capital and economic growth in Colombia," Journal of Development Economics, Elsevier, vol. 66(1), pages 271-287, October.
    4. Deininger, Klaus & Squire, Lyn, 1998. "New ways of looking at old issues: inequality and growth," Journal of Development Economics, Elsevier, vol. 57(2), pages 259-287.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:col:000443:009737. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (JOAN M. TEJEDOR E.).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.