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The Relationship between Income Inequality, Poverty, and Globalization

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  • Heshmati, Almas

Abstract

This paper introduces two composite indices of globalization. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate the level of globalization and show how globalization has developed over time for different countries. The indices are composed of four components: economic integration, personal contact, technology and political engagement, each generated from a number of indicators. [Research Paper No. 2005/37]

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File URL: http://www.wider.unu.edu/stc/repec/pdfs/rp2005/rp2005-37.pdf
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Bibliographic Info

Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number RP2005/37.

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Length: 38 pages
Date of creation: 2005
Date of revision:
Handle: RePEc:unu:wpaper:rp2005-37

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Keywords: globalization; income inequality; poverty; indices; principal component;

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References

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  1. Manasse, Paolo & Turrini, Alessandro Antonio, 1999. "Trade, Wages, and Superstars," CEPR Discussion Papers 2262, C.E.P.R. Discussion Papers.
  2. Nissanke, Machiko & Thorbecke, Erik, 2005. "Channels and Policy Debate in the Globalization-Inequality-Poverty Nexus," Working Paper Series DP2005/08, World Institute for Development Economic Research (UNU-WIDER).
  3. Andersen, Torben M. & Herbertsson, Tryggvi Thor, 2003. "Measuring Globalization," IZA Discussion Papers 817, Institute for the Study of Labor (IZA).
  4. Miller, Tracy C., 2001. "Impact of globalization on U.S. wage inequality: Implications for policy," The North American Journal of Economics and Finance, Elsevier, vol. 12(3), pages 219-242, November.
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  20. 上垣, 彰, 2002. "中東欧における年金改革の現状 : Katharina Muller, The Political Economy of Pension Reform in Central-Eastern Europe, Cheltenham, UK: Edward Elgar Publishing, 1999, xiv, 222p の紹介と�," Discussion Paper 49, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
  21. Heshmati, Almas, 2003. "Measurement of a Multidimentional Index of Globalization and its Impact on Income Inequality," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  22. Graham, Carol, 2005. "Globalization, Poverty, Inequality, and Insecurity: Some Insights from the Economics of Happiness," Working Paper Series RP2005/33, World Institute for Development Economic Research (UNU-WIDER).
  23. Jörg MAYER, 2000. "Globalization, Technology Tranfer And Skill Accumulation In Low-Income Countries," UNCTAD Discussion Papers 150, United Nations Conference on Trade and Development.
  24. Amartya K Sen, 2002. "Globalization, Inequality and Global Protest," Development, Palgrave Macmillan, vol. 45(2), pages 11-16, June.
  25. Seshanna, Shubhasree & Decornez, Stephane, 2003. "Income polarization and inequality across countries: an empirical study," Journal of Policy Modeling, Elsevier, vol. 25(4), pages 335-358, June.
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  28. Calderon, Cesar & Chong, Alberto, 2001. "External sector and income inequality in interdependent economies using a dynamic panel data approach," Economics Letters, Elsevier, vol. 71(2), pages 225-231, May.
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Citations

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Cited by:
  1. Almas Heshmati & Sangchoon Lee, 2010. "The Relationship between Globalization, Economic Growth and Income Inequality," TEMEP Discussion Papers 201051, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Jan 2010.
  2. Dew-Becker, Ian & Gordon, Robert J, 2008. "Controversies about the Rise in American Inequality: A Survey," CEPR Discussion Papers 6817, C.E.P.R. Discussion Papers.
  3. Naghshpour Shahdad & St. Marie Joseph J., 2009. "Globalization Discontent: The Effects of Globalization on Ethnic Protest," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 14(3), pages 1-29, March.
  4. Nissanke, Machiko & Thorbecke, Erik, 2006. "A Quest for Pro-Poor Globalization," Working Paper Series RP2006/46, World Institute for Development Economic Research (UNU-WIDER).
  5. Tausch, Arno, 2011. "Globalization as a driver or bottleneck for sustainable development. General tendencies and European implications," MPRA Paper 33227, University Library of Munich, Germany.
  6. Bory Seng & Almas Heshmati, 2010. "Digital Divide and its Variations amongst OECD, NIE and ASEAN Countries," TEMEP Discussion Papers 201055, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Feb 2010.
  7. Abdelkrim Araar & Jean-Yves Duclos, 2007. "Poverty and Inequality Components: a Micro Framework," Cahiers de recherche 0735, CIRPEE.

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