Search results
Because it may seem counterintuitive that subnational inequality would grow in an era of globalization, this finding points to the importance of research on scale differences in inequality patterns, and on the spatial impacts of specific aspects of economic globalization, so that we can better understand how globalizing processes influence inequality—where and for whom (Kanbur and Venables ...
- 7 How Is The Movement of People, Goods, and Ideas Transforming The World
Further research is needed on how specific aspects of places...
- References
References - How Is Economic Globalization Affecting...
- Introduction
A central feature of the geographical sciences is the...
- Appendixes
Appendixes - How Is Economic Globalization Affecting...
- Moving Forward
Moving Forward - How Is Economic Globalization Affecting...
- Summary
How does where we live affect our health? Earth’s population...
- 3 How Are Climate and Other Environmental Changes Affecting The Vulnerabilities of Coupled Human–Environment Systems
How will climate change affect patterns of vulnerability and...
- 4 How and Where Will 10 Billion People Live on Earth
Not only does each household maintain its own residence, but...
- 7 How Is The Movement of People, Goods, and Ideas Transforming The World
Jul 17, 2020 · To illustrate the magnitude of the effect of globalisation on income inequality, we calculate the average effect based on all the compiled estimates from the published globalisation–inequality literature; furthermore, we construct 95% confidence intervals around the calculated average (e.g., Schmidt & Hunter, 2014). The partial correlation is used to standardise the effect size across ...
- Philipp Heimberger
- 2020
May 20, 2019 · Concluding remarks. There exists a general consensus among economists that globalisation is good at the world level. However, the increasing discontent with globalisation in developed countries has forced economists to better understand the mechanisms through which it affects the distribution of income between and within countries. In this ...
Aug 5, 2009 · Globalization is increasingly linked to. inequality, but with often divergent and polarized. results. Critics of globalization have argued that it. accentuates inequality both within and between ...
- Melinda Mills
- Panel Unit Root Tests
- Panel Cointegration Tests
- Panel Coefficient Estimation
- Data and Empirical Findings
In order to apply a panel cointegration technique, nonstationary panel data has to be at the same integration order. The integration order of variables is determined by panel unit root tests. Panel unit root tests differ in allowance for cross sectional dependency. Cross sectional dependency can occur if there are one (or more) common case(s) among...
Among others, we employ Westerlund and Edgerton (2007) panel cointegration test (WE). The WE test is a panel bootstrap cointegration test with the null hypothesis of cointegration. The test is based on McCoskey and Kao (1998) Lagrange Multiplier test.Footnote 11 Westerlund and Edgerton (2007) use bootstrap property to handle the dependency between ...
To examine the direction and magnitude of the proposed relationship, we employ the FM-OLS group mean estimator (Pedroni 2000). The group mean panel FM-OLS estimator provides a test of a common value for the cointegrating vector under the null hypothesis, while under the alternative hypothesis the cointegrating vector does not need to be common. The...
We have four variables: GINI coefficient, FDI inflows, FDI outflows, and trade openness. As a proxy for income inequality we use the GINI coefficient, which is equal to the area between the Lorenz curve and the 45 degree line. The Lorenz curve shows the distribution of income to households as percentages. The GINI coefficient lies between zero (0) ...
- Sadullah Çelik, Ulkem Basdas
- 2010
First, globalisation has a (small-to-moderate) inequality-increasing effect. Second, while the effect of trade globalisation is small, financial globalisation shows a more sizeable and significantly stronger inequality-increasing impact. Third, we find an average inequality-increasing impact of globalisation in both advanced and developing ...
People also ask
Does globalization cause inequality?
Does economic globalization affect regional inequality?
Does globalization affect spatial inequality?
Does globalisation reduce income inequality in developing countries?
Does globalization accentuate inequality?
Is there a long run relationship between globalization and income inequality?
Feb 19, 2021 · This article examines the link between economic globalization and spatial inequality in a panel of 142 countries over the period 1992–2012. Our instrumental variables estimates reveal a strong causal effect of the degree of economic integration with the rest of the world on spatial inequality, indicating that the advances in the process of globalization currently underway contribute to ...