2023-09-28 14:46:10 +00:00
|
|
|
abstract: 'This article tests the relative importance of globalization and
|
|
|
|
|
|
|
|
|
|
technological change in explaining income inequality at higher and lower
|
|
|
|
|
|
|
|
|
|
development levels. Besides, the article analyses the effectiveness of a
|
|
|
|
|
|
|
|
|
|
set of policy measures for fighting inequality. We use relative pre-tax
|
|
|
|
|
|
|
|
|
|
income shares as a proxy for inequality. Several linear and non-linear
|
|
|
|
|
|
|
|
|
|
threshold panel data models with GDP per capita as the threshold
|
|
|
|
|
|
|
|
|
|
variable are estimated for 42 countries over the period from 1994 to
|
|
|
|
|
|
|
|
|
|
2016. We find that technology is the most important generator of
|
|
|
|
|
|
|
|
|
|
inequality, while the effect of various globalization measures is weak
|
|
|
|
|
|
|
|
|
|
and often insignificant. We find limited evidence that the effect of
|
|
|
|
|
|
|
|
|
|
globalization differs with respect to the level of GDP per capita. Our
|
|
|
|
|
|
|
|
|
|
results suggest that full employment policies in the low inflation
|
|
|
|
|
|
|
|
|
|
environment are the most efficient solution for the inequality problem.
|
|
|
|
|
|
|
|
|
|
Higher employment and low inflation rate decrease the inequality level.
|
|
|
|
|
|
|
|
|
|
Other than that, we do not find other policy measures that satisfy the
|
|
|
|
|
|
|
|
|
|
one-size-fits-all criteria for tackling inequality. Instead, a set of
|
|
|
|
|
|
|
|
|
|
efficient policy measures against inequality, including expenditures on
|
|
|
|
|
|
|
|
|
|
education, minimum wage policies, and lending rates, depend on the
|
|
|
|
|
|
|
|
|
|
development level and idiosyncratic policies and institutions.'
|
|
|
|
|
affiliation: 'Globan, T (Corresponding Author), Univ Zagreb, Fac Econ \& Business,
|
|
|
|
|
Zagreb, Croatia.
|
|
|
|
|
|
|
|
|
|
Tica, Josip; Globan, Tomislav; Arcabic, Vladimir, Univ Zagreb, Fac Econ \& Business,
|
|
|
|
|
Zagreb, Croatia.'
|
|
|
|
|
author: Tica, Josip and Globan, Tomislav and Arcabic, Vladimir
|
|
|
|
|
author-email: tgloban@efzg.hr
|
|
|
|
|
author_list:
|
|
|
|
|
- family: Tica
|
|
|
|
|
given: Josip
|
|
|
|
|
- family: Globan
|
|
|
|
|
given: Tomislav
|
|
|
|
|
- family: Arcabic
|
|
|
|
|
given: Vladimir
|
|
|
|
|
da: '2023-09-28'
|
|
|
|
|
doi: 10.1080/1331677X.2021.1952466
|
|
|
|
|
earlyaccessdate: JUL 2021
|
|
|
|
|
eissn: 1848-9664
|
|
|
|
|
files: []
|
|
|
|
|
issn: 1331-677X
|
|
|
|
|
journal: ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA
|
|
|
|
|
keywords: 'Inequality; technology; globalization; openness; threshold model;
|
|
|
|
|
|
|
|
|
|
employment rate'
|
|
|
|
|
keywords-plus: 'UNITED-STATES; INCOME INEQUALITY; WAGE INEQUALITY; ECONOMIC-GROWTH;
|
|
|
|
|
|
|
|
|
|
EMPLOYMENT; SKILLS; LABOR'
|
|
|
|
|
language: English
|
|
|
|
|
month: DEC 31
|
|
|
|
|
number: '1'
|
|
|
|
|
number-of-cited-references: '42'
|
|
|
|
|
orcid-numbers: 'Tica, Josip/0000-0001-7937-1573
|
|
|
|
|
|
|
|
|
|
Globan, Tomislav/0000-0001-5716-2113
|
|
|
|
|
|
|
|
|
|
Arčabić, Vladimir/0000-0003-4173-8637'
|
|
|
|
|
pages: 1035-1060
|
|
|
|
|
papis_id: e248d353f84471ea8a1d9e197ec5b493
|
|
|
|
|
ref: Tica2022managingimpact
|
|
|
|
|
researcherid-numbers: 'Tica, Josip/B-7628-2013
|
|
|
|
|
|
|
|
|
|
Globan, Tomislav/H-7550-2018
|
|
|
|
|
|
|
|
|
|
Arčabić, Vladimir/H-8434-2018'
|
|
|
|
|
times-cited: '3'
|
|
|
|
|
title: Managing the impact of globalization and technology on inequality
|
2023-10-01 08:15:07 +00:00
|
|
|
type: article
|
2023-09-28 14:46:10 +00:00
|
|
|
unique-id: WOS:000676038200001
|
|
|
|
|
usage-count-last-180-days: '8'
|
|
|
|
|
usage-count-since-2013: '22'
|
|
|
|
|
volume: '35'
|
|
|
|
|
web-of-science-categories: Economics
|
|
|
|
|
year: '2022'
|
