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Globalization, Growth and Poverty

Author

Listed:
  • Dominick Salvatore

    (Fordham University)

  • Fred Campano

    (Fordham University)

Abstract

The paper examines the change in the income distribution of developed and developing countries over the recent period of globalization from 1980 to the present. The change in the income distribution of developing countries is also measured for those developing countries that globalized and those that did not. The paper finds that in terms of the three major measures of central tendency, the real personal income ratios between developed and developing countries have been substantially reduced during the 1980-2005 period of rapid globalization, especially at the mode, where the most severe poverty lies.

Suggested Citation

  • Dominick Salvatore & Fred Campano, 2012. "Globalization, Growth and Poverty," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 12(4), pages 1-15, November.
    • Handle: RePEc:wsi:gejxxx:v:12:y:2012:i:04:n:1524-5861.1912
    DOI: 10.1515/1524-5861.1912
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    References listed on IDEAS

    as
    1. Salvatore, Dominick, 2007. "Growth, international inequalities, and poverty in a globalizing world," Journal of Policy Modeling, Elsevier, vol. 29(4), pages 635-641.
    2. repec:pri:rpdevs:deaton_price_indexes_inequality_and_the_measurement_of_world_poverty_aer. is not listed on IDEAS
    3. Singh, S K & Maddala, G S, 1976. "A Function for Size Distribution of Incomes," Econometrica, Econometric Society, vol. 44(5), pages 963-970, September.
    4. Angus Deaton, 2010. "Price indexes, inequality, and the measurement of world poverty," Working Papers 1207, Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies..
    5. Khawar Mariam, 2005. "Foreign Direct Investment and Economic Growth: A Cross-Country Analysis," Global Economy Journal, De Gruyter, vol. 5(1), pages 1-14, March.
    6. Dominick Salvatore & Fred Campano, 2012. "Globalization, Growth and Poverty," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 12(4), pages 1-15, November.
    7. Campano, Fred & Salvatore, Dominick, 2007. "Economic development and income distribution," Journal of Policy Modeling, Elsevier, vol. 29(4), pages 553-566.
    8. Kloek, Teun & van Dijk, Herman K., 1978. "Efficient estimation of income distribution parameters," Journal of Econometrics, Elsevier, vol. 8(1), pages 61-74, August.
    9. Angus Deaton, 2010. "Price Indexes, Inequality, and the Measurement of World Poverty," American Economic Review, American Economic Association, vol. 100(1), pages 5-34, March.
    10. repec:pri:rpdevs:presidential%20address%2017january%202010%20all.pdf is not listed on IDEAS
    11. David Dollar & Aart Kraay, 2004. "Trade, Growth, and Poverty," Economic Journal, Royal Economic Society, vol. 114(493), pages 22-49, February.
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    Cited by:

    1. Hammoudeh, Shawkat & Tiwari, Aviral Kumar & Abakah, Emmanuel Joel Aikins & Adeabah, David, 2023. "Global value chains in sub-Saharan Africa: The role of business regulations, policies and institutions," Emerging Markets Review, Elsevier, vol. 57(C).
    2. Dominick Salvatore & Fred Campano, 2012. "Globalization, Growth and Poverty," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 12(4), pages 1-15, November.

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