Do liberalization and globalization increase income inequality?

被引:242
|
作者
Bergh, Andreas [1 ]
Nilsson, Therese [1 ]
机构
[1] Lund Univ, Dept Econ, S-22007 Lund, Sweden
关键词
Liberalization; Economic freedom; Globalization; Income inequality; Institutions; CAPITAL-SKILL COMPLEMENTARITY; ECONOMIC-FREEDOM; WAGE INEQUALITY; WELFARE-STATE; PANEL-DATA; TRADE; GROWTH; POLICY; PROTECTION; OPENNESS;
D O I
10.1016/j.ejpoleco.2010.03.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using the Standardized World Income Inequality Database we examine if the KOF Index of Globalization and the Economic Freedom Index of the Fraser institute are related to within-country income inequality using panel data covering around 80 countries 1970-2005 Freedom to trade internationally is robustly related to inequality also when adding several control variables and controlling for potential endogeneity using GMM Social globalization and deregulation is also linked to inequality Reforms towards economic freedom seem to increase inequality mainly in rich countries and social globalization is more important in less developed countries Monetary reforms legal reforms and political globalization do not increase inequality (C) 2010 Elsevier BV All rights reserved
引用
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页码:488 / 505
页数:18
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