Do economic liberalization and globalization increase income inequality?
Using the newly developed KOF-index of globalization, as well as the economic freedom index from the Fraser institute, we examine if globalization and economic liberalizations are linked to increases in income inequality within countries. Studying changes between 1980 and 2000, we find a positive link between inequality and liberalization only for certain types of reforms: Trade liberalizations, deregulation of product and labor markets and economic globalization. The Scandinavian welfare states have increased economic freedom and globalization more than other countries, but they have also experienced high increases in income inequality.
|Date of creation:||12 Sep 2008|
|Date of revision:|
|Contact details of provider:|| Postal: Department of Economics, School of Economics and Management, Lund University, Box 7082, S-220 07 Lund,Sweden|
Phone: +46 +46 222 0000
Fax: +46 +46 2224613
Web page: http://www.nek.lu.se/en
More information through EDIRC
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.:
- Jones, Barry E. & Dutkowsky, Donald H. & Elger, Thomas, 2005. "Sweep programs and optimal monetary aggregation," Journal of Banking & Finance, Elsevier, vol. 29(2), pages 483-508, February.
- Rickertsen, Kyrre, 1998. "The demand for food and beverages in Norway," Agricultural Economics, Blackwell, vol. 18(1), pages 89-100, January.
- Barnett, William A, 1977.
"Recursive Subaggregation and a Generalized Hypocycloidal Demand Model,"
Econometric Society, vol. 45(5), pages 1117-36, July.
- William A. Barnett, 1976. "Recursive subaggregation and a generalized hypocycloidal demand model," Special Studies Papers 84, Board of Governors of the Federal Reserve System (U.S.).
- William Barnett, 2005.
- William Barnett, 2005. "Monetary Aggregation," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 200510, University of Kansas, Department of Economics, revised Mar 2005.
- Fisher, Douglas & Fleissig, Adrian R, 1997. "Monetary Aggregation and the Demand for Assets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(4), pages 458-75, November.
- Barnett, William A & Choi, Seungmook, 1989. "A Monte Carlo Study of Tests of Blockwise Weak Separability," Journal of Business & Economic Statistics, American Statistical Association, vol. 7(3), pages 363-77, July.
- Gross, John, 1995. "Testing Data for Consistency with Revealed Preference," The Review of Economics and Statistics, MIT Press, vol. 77(4), pages 701-10, November.
- Jones, Barry E. & De Peretti, Philippe, 2005. "A Comparison Of Two Methods For Testing The Utility Maximization Hypothesis When Quantity Data Are Measured With Error," Macroeconomic Dynamics, Cambridge University Press, vol. 9(05), pages 612-629, November.
- Swofford, James L & Whitney, Gerald A, 1987. "Nonparametric Tests of Utility Maximization and Weak Separability for Consumption, Leisure and Money," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 458-64, August.
- Barnett, William A., 2002. "Tastes and technology: curvature is not sufficient for regularity," Journal of Econometrics, Elsevier, vol. 108(1), pages 199-202, May.
- Varian, Hal R, 1982. "The Nonparametric Approach to Demand Analysis," Econometrica, Econometric Society, vol. 50(4), pages 945-73, July.
- Swofford, James L. & Whitney, Gerald A., 1994. "A revealed preference test for weakly separable utility maximization with incomplete adjustment," Journal of Econometrics, Elsevier, vol. 60(1-2), pages 235-249.
- Varian, Hal R., 1985. "Non-parametric analysis of optimizing behavior with measurement error," Journal of Econometrics, Elsevier, vol. 30(1-2), pages 445-458.
- Serletis, Apostolos & Shahmoradi, Asghar, 2007. "Flexible Functional Forms, Curvature Conditions, And The Demand For Assets," Macroeconomic Dynamics, Cambridge University Press, vol. 11(04), pages 455-486, September.
- Elger, Thomas & Jones, Barry E., 2008. "Can rejections of weak separability be attributed to random measurement errors in the data?," Economics Letters, Elsevier, vol. 99(1), pages 44-47, April.
- Fleissig, Adrian R. & Whitney, Gerald A., 2005. "Testing for the Significance of Violations of Afriat's Inequalities," Journal of Business & Economic Statistics, American Statistical Association, vol. 23, pages 355-362, July.
- Hal R. Varian, 1983. "Non-parametric Tests of Consumer Behaviour," Review of Economic Studies, Oxford University Press, vol. 50(1), pages 99-110.
- de PERETTI, PHILIPPE, 2005. "Testing The Significance Of The Departures From Utility Maximization," Macroeconomic Dynamics, Cambridge University Press, vol. 9(03), pages 372-397, June.
- Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, December.
- Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
When requesting a correction, please mention this item's handle: RePEc:hhs:lunewp:2008_012. 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: (David Edgerton)
If references are entirely missing, you can add them using this form.