How Can Globalization Affect Income Distribution? Evidence from Developing Countries
| Autor: | Hajer Kratou, Mohamed Goaied |
|---|---|
| Přispěvatelé: | Etudes & Documents - Publications, CERDI, Centre d'Études et de Recherches sur le Développement International (CERDI), Université d'Auvergne - Clermont-Ferrand I (UdA)-Centre National de la Recherche Scientifique (CNRS), Laboratoire d'économie et de finance appliquée (LEFA), Université de Carthage - University of Carthage |
| Jazyk: | angličtina |
| Rok vydání: | 2016 |
| Předmět: |
Comprehensive income
International factor movements media_common.quotation_subject income distribution Developing country Globalization Foreign aid Empirical research Income distribution 0502 economics and business Development economics 050602 political science & public administration Openness to experience Economics 050207 economics Business and International Management 10. No inequality [SHS.ECO] Humanities and Social Sciences/Economics and Finance media_common 05 social sciences 1. No poverty International economics [SHS.ECO]Humanities and Social Sciences/Economics and Finance Democracy 0506 political science international factor movements 8. Economic growth General Economics Econometrics and Finance |
| Zdroj: | THE INTERNATIONAL TRADE JOURNAL THE INTERNATIONAL TRADE JOURNAL, 2016, 30 (2), pp.132-158 |
| Popis: | The standard Hecksher-Ohlin-Samuelson framework claimed that foreign trade benefits developing countries, but many empirical studies suggest otherwise. After analyzing data on income deciles from the World Income Distribution Database for 66 developing countries, we found that trade openness benefits underprivileged people in affluent countries but not in developing countries. Also, external financial flows and democracy in conjunction do not exert significant effects, suggesting that these variables might affect income distribution through different channels. Finally, we reinforce the Kuznets inverted-U hypothesis; namely, the presence of an economic development threshold beyond which low-income deciles would increase. |
| Databáze: | OpenAIRE |
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