Abstract
ow many scholars debate the different impacts of globalization on the economic behaviors of all nations, that globalization reduces or increases poverty, raises or drops wages and labor standards in societies and so on. Accordingly, we make in particular a question whether globalization affects income inequality in countries worldwide. The objective of this paper is thus to evaluate the effect of globalization on inequality among nations. We specify a panel income distribution regression model using cross-sectional data of the selected countries (including Iran) and relevant time series over 19852004. Several specified for globalization have significant and different effects on income distribution of countries with different levels of income. In our augmented model specification, we also evaluate an interacted effect of a block implementation (e.g. emerging market economies, high income, middle income and low income countries) with globalization on inequality. The results confirm this effect significantly on income inequality. Keyword: Globalization, Inequality, World Economy, Panel Data
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
