Globalization and Income Inequality: A Panel Data Analysis of 68 Countries
The causal effect of globalization on income inequality is an issue of significant academic interest. On one hand globalization is considered to promote global economic growth and social progress, while on the other, it is blamed for growing income inequality and environmental degradation, causing social degeneration and difficulty of competition. This paper analyses the impact of globalization on income inequality by estimating static and dynamic models for panel data of 68 developing countries over the period of 1990-2010. The results conform to a priori expectations and it is suggested that an increase in globalization in developing countries leads to an increase in the level of income inequality. However, this analysis suffers from certain limitations, which lead to the conclusion that perhaps a simple, overarching relationship does not exist in the subject matter. Rather it is possible that the impact of globalization on income distribution varies between nations, depending on the structures and institutions that are in place in each country.
|Date of creation:||29 Oct 2012|
|Date of revision:|
|Contact details of provider:|| Postal: Düsternbrooker Weg 120, 24105 Kiel / Neuer Jungfernstieg 21, 20354 Hamburg|
Phone: +49 431 8814-1
Fax: +49 431 8814-520
Web page: http://www.econstor.eu/
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.:
- Bergh, Andreas & Nilsson, Therese, 2010. "Do liberalization and globalization increase income inequality?," European Journal of Political Economy, Elsevier, vol. 26(4), pages 488-505, December.
- Atif, Syed Muhammad & Siddiqi, Muhammad Wasif, 2010.
"The Electricity Consumption and Economic Growth Nexus in Pakistan: A New Evidence,"
41377, University Library of Munich, Germany.
- Atif, Syed Muhammad & Siddiqi, Muhammad Wasif, 2010. "The Electricity Consumption and Economic Growth Nexus in Pakistan: A New Evidence," EconStor Preprints 65688, ZBW - German National Library of Economics.
- Edwards, Sebastian, 1997. "Trade Policy, Growth, and Income Distribution," American Economic Review, American Economic Association, vol. 87(2), pages 205-10, May.
- Atif, Syed Muhammad & Endres, James & Macdonald, James, 2012.
"Broadband Infrastructure and Economic Growth: A Panel Data Analysis of OECD Countries,"
42177, University Library of Munich, Germany.
- Atif, Syed Muhammad & Endres, James & Macdonald, James, 2012. "Broadband Infrastructure and Economic Growth: A Panel Data Analysis of OECD Countries," EconStor Preprints 65419, ZBW - German National Library of Economics.
- Sugata Marjit & Hamid Beladi & Avik Chakrabarti, 2004. "Trade and Wage Inequality in Developing Countries," Economic Inquiry, Western Economic Association International, vol. 42(2), pages 295-303, April.
When requesting a correction, please mention this item's handle: RePEc:zbw:esprep:65664. 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: (ZBW - German National Library of Economics)
If references are entirely missing, you can add them using this form.