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The Relationship between Income Inequality, Poverty, and Globalization

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Listed author(s):
  • Almas Heshmati

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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Paper provided by eSocialSciences in its series Working Papers with number id:3237.

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Date of creation: Nov 2010
Handle: RePEc:ess:wpaper:id:3237
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Keywords: globalization; income inequality; poverty; indices; principal component;

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Find related papers by JEL classification:
  • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
  • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
  • F15 - International Economics - - Trade - - - Economic Integration
  • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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  1. Heshmati, Almas, 2003. "Measurement of a Multidimentional Index of Globalization and its Impact on Income Inequality," WIDER Working Paper Series 069, World Institute for Development Economic Research (UNU-WIDER).
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Cited by:

  1. Muhammad Shahbaz & Nanthakumar Loganathan & Aviral Tiwari & Reza Sherafatian-Jahromi, 2015. "Financial Development and Income Inequality: Is There Any Financial Kuznets Curve in Iran?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 124(2), pages 357-382, November.
  2. Robert J. Gordon & Ian Dew-Becker, 2008. "Controversies about the Rise of American Inequality: A Survey," NBER Working Papers 13982, National Bureau of Economic Research, Inc.
  3. Abdelkrim Araar & Jean-Yves Duclos, 2007. "Poverty and Inequality Components: a Micro Framework," Cahiers de recherche 0735, CIRPEE.
  4. 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.
  5. Bukhari, Mahnoor & Munir, Kashif, 2016. "Impact of Globalization on Income Inequality in Selected Asian Countries," MPRA Paper 74248, University Library of Munich, Germany.

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