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The Relationship between Income Inequality, Poverty, and Globalization

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  • 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
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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. 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).
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  5. 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).
  6. Peter H. Lindert & Jeffrey G. Williamson, 2003. "Does Globalization Make the World More Unequal?," NBER Chapters, in: Globalization in Historical Perspective, pages 227-276 National Bureau of Economic Research, Inc.
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  19. 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 の紹介と若干のコメント," Discussion Paper 49, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
  20. 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).
  21. Michael D. Bordo & Barry Eichengreen & Douglas A. Irwin, 1999. "Is Globalization Today Really Different than Globalization a Hunderd Years Ago?," NBER Working Papers 7195, National Bureau of Economic Research, Inc.
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  25. Ngaire Woods, 1998. "Editorial introduction. Globalization: Definitions, debates and implications," Oxford Development Studies, Taylor & Francis Journals, vol. 26(1), pages 5-13.
  26. Heshmati Almas, 2006. "Measurement of a Multidimensional Index of Globalization," Global Economy Journal, De Gruyter, vol. 6(2), pages 1-30, May.
  27. 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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  29. Jörg MAYER, 2000. "Globalization, Technology Tranfer And Skill Accumulation In Low-Income Countries," UNCTAD Discussion Papers 150, United Nations Conference on Trade and Development.
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Cited by:

  1. 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.
  2. Nissanke, Machiko & Thorbecke, Erik, 2006. "A Quest for Pro-Poor Globalization," Working Paper Series RP2006/46, World Institute for Development Economic Research (UNU-WIDER).
  3. 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.
  4. Abdelkrim Araar & Jean-Yves Duclos, 2007. "Poverty and Inequality Components: a Micro Framework," Cahiers de recherche 0735, CIRPEE.
  5. 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.
  6. 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.
  7. 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.

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