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Impact of Globalization on Income Distribution Inequality in 60 Countries: Comments
-
Pan-Long Tsai
,
Chao-Hsi Huang
Veröffentlicht/Copyright:
24. September 2012
Abstract
In a recent article in the Global Economy Journal, Lei Zhou, Basudeb Biswas, Tyler Bowles and Peter J. Saunders (2011) have shown that globalization does not contribute to income inequality in a sample of 60 countries. In this comments we have demonstrated that their conclusion is misleading for improperly pooling countries with extremely different economic systems in their regression analyses. Specifically, only countries with sufficiently high level of development could expect to benefit from globalization as far as income distribution is concerned.
Keywords: globalization; income inequality
Published Online: 2012-9-24
©2012 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Artikel in diesem Heft
- Article
- Impact of FDI Restrictions on Inward FDI in OECD Countries
- Exchange-Rate Volatility and Industry Trade Between Japan and China
- Do Tax Havens Really Flourish?
- Financial Liberalization, Banking Crises and Economic Growth: The Case of South Mediterranean Countries
- New Evidence on the Relationship Between Economic Freedom and Growth: A Panel Cointegration Analysis for The Case of OECD
- What's New in Our World?
- Does China Still Have a Labor Cost Advantage?
- Impact of Globalization on Income Distribution Inequality in 60 Countries: Comments
- Do Immigrant Students Succeed? Evidence from Italy and France
