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The Relationship between Income Inequality, Poverty and Globalisation

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dc.creator Heshmati, Almas
dc.date 2004
dc.date.accessioned 2013-10-16T07:11:00Z
dc.date.available 2013-10-16T07:11:00Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/20543
dc.identifier ppn:395909783
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/20543
dc.description This paper introduces two composite indices of globalisation. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate the level of globalisation and show how globalisation has developed over time for different countries. The indices are composed of four components: economic integration, personal contact, technology and political engagement, each generated from a number of indicators. A breakdown of the index into major components provides possibilities to identify sources of globalisation at the country level and associate it with economic policy measures. The empirical results show that a low rank in the globalisation process is due to political and personal factors with limited possibility for the developing countries to affect. The high ranked developed countries share similar patterns in distribution of various components. The indices were also used in a regression analysis to study the causal relationships between income inequality, poverty and globalisation. Inequality is negatively correlated to globalisation, and globalisation reduces poverty.
dc.language eng
dc.relation IZA Discussion paper series 1277
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F15
dc.subject D63
dc.subject C23
dc.subject O57
dc.subject ddc:330
dc.subject globalisation
dc.subject income inequality
dc.subject poverty
dc.subject indices
dc.subject principal component
dc.subject Einkommensverteilung
dc.subject Armut
dc.subject Globalisierung
dc.subject Wirtschaftsindikator
dc.subject Schätzung
dc.subject Welt
dc.subject Entwicklungsländer
dc.title The Relationship between Income Inequality, Poverty and Globalisation
dc.type doc-type:workingPaper

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