IDEAS home Printed from https://ideas.repec.org/a/auv/jipbud/v24y2020i4p75-96.html
   My bibliography  Save this article

The Effect of Knowledge Components on the Inequality of Global Wealth Distribution (in Persian)

Author

Listed:
  • Shahabadi, Abolfazl

    (Department of Economics, Faculty of Social Science and Economics, Alzahra University, Tehran, Iran.)

  • Kheshtmal Nasrani, Mina

    (M.A Student in Business Management, Islamic Azad University, Branch Electronic, Tehran, Iran.)

  • Moradi, Ali

    (M.A in Economics, Islamic Azad University, Branch Arak, Iran.)

Abstract

Inequality in global wealth distribution has led to a growing gap between developing and developed countries with regards to income levels, consumption rates, and living standards. In view of that, the difference between these two groups of countries in terms of levels of knowledge and technology infrastructure, human capital, and innovation-based production has been cited as the main reason for inequality in the distribution of global wealth. The present study examines the effect of knowledge components on the inequality of global wealth distribution in the selected leading countries in science, implementing the approach of panel data and the use of generalized moment method for the period 2010-2017. The estimated results demonstrate that the effect of components of economic incentives, institutional regimes, and information and communication technology infrastructure on the inequality of global wealth distribution for the selected countries is negative and significant. Nonetheless, the effect of components of the innovation system, education, and development of human resources on the inequality of global wealth distribution is positive and significant. In addition, the effect of control variables, such as main globalization index and economic globalization, on the inequality of global wealth distribution for the selected countries is positive and significant; Also, the effect of social globalization and political globalization on the inequality of global wealth distribution is not significant.

Suggested Citation

  • Shahabadi, Abolfazl & Kheshtmal Nasrani, Mina & Moradi, Ali, 2020. "The Effect of Knowledge Components on the Inequality of Global Wealth Distribution (in Persian)," The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی Ùˆ بودجه), Institute for Management and Planning studies, vol. 24(4), pages 75-96, February.
    • Handle: RePEc:auv:jipbud:v:24:y:2020:i:4:p:75-96
    as

    Download full text from publisher

    File URL: http://jpbud.ir/article-1-1910-en.pdf
    Download Restriction: no
    File URL: http://jpbud.ir/article-1-1910-en.html
    Download Restriction: no
    File URL: http://jpbud.ir/article-1-1910-fa.html
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Wealth Inequality; Knowledge Components; Economic Globalization; Social Globalization; Political Globalization.;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:auv:jipbud:v:24:y:2020:i:4:p:75-96. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nahid Jebeli (email available below). General contact details of provider: https://edirc.repec.org/data/irpdair.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.