Globalization, Inequality, and Redistribution: Theory and Evidence
By Giray Gozgor, Priya Ranjan. Social Science Research Network, 2017
117 citations recorded by the source corpus.
This paper constructs a simple theoretical model to study the implications of globalization for inequality and redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and redistribution in a panel data set of 140 countries for the period from 1970 to 2012. It finds that both inequality and redistribution have been increasing with globalization. The results are robust to the inclusion of many different controls and the exclusion of outliers.
Subfields: Economics and Econometrics, Political Science and International Relations
View Paper: https://www.semanticscholar.org/paper/53a9abe31725f42e890c72ad452f16c948486c6f
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In Economics and Econometrics
In Political Science and International Relations
Citations in the corpus
- Does economic globalisation affect income inequality? A meta‐analysis (2020, background): “…Savvides (2006) Fum and Hodler (2010) Pontusson et al. (2002) Baccaro (2011) Gissinger and Gleditsch (1999) Quinn (1997) Bandelj and Mahutga (2010) Gozgor and Ranjan (2017) Rama (2002) Barro (2000) Gourdon et al. (2008) Reuveny and Li (2003) Beck et al. (2007) Gustafsson and Johansson (1999)…”