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We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10012592197
, protectionism, and globalization. We find that preferences for open-market trade policies cannot be sufficiently explained by …-suited predictors for the substantial cross-regional variation in the support for globalization. Country specific narratives are …
Persistent link: https://www.econbiz.de/10012213877
countries over the period 1970 to 2014. We use top income shares of the World Wealth and Income Database (WID). Globalization is …This paper investigates how government ideology and globalization are associated with top income shares in 17 OECD … measured by the KOF index of globalization. Static and dynamic panel model results show that the top income shares increased …
Persistent link: https://www.econbiz.de/10011794018
The world economy in the last two decades is clearly marked by the integration of emerging countries in the … international division of labor. To better understand the "globalization" effect, it is helpful to analyze the pattern and structure … of world trade volume in the past, in order to draw conclusions for future development. An unobserved components model is …
Persistent link: https://www.econbiz.de/10008858959
Persistent link: https://www.econbiz.de/10009154464
Persistent link: https://www.econbiz.de/10009411244
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011794029
Persistent link: https://www.econbiz.de/10009729821
The objective of this paper is to investigate the trade potential of the fifteen old EU countries with the ten new members having joined on May 1st, 2004. Our focus lies not so much on the integration process already having taken place, but on the importance of institutional factors for trade....
Persistent link: https://www.econbiz.de/10008858967
tariffs around the world improving our understanding of how countries set tariffs substantially. …
Persistent link: https://www.econbiz.de/10012254482