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Impact of Globalization on Income Distribution Inequality in 60 Countries: Comments

Author

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  • Tsai Pan-Long

    (National Tsing Hua University, Taiwan)

  • Huang Chao-Hsi

    (National Tsinghua University, Taiwan)

  • Yang Chih-Yuan

    (National Tsing Hua University, Taiwan)

Abstract

In a recent article in the Global Economy Journal, Lei Zhou, Basudeb Biswas, Tyler Bowles and Peter J. Saunders (2011) have shown that globalization does not contribute to income inequality in a sample of 60 countries. In this comments we have demonstrated that their conclusion is misleading for improperly pooling countries with extremely different economic systems in their regression analyses. Specifically, only countries with sufficiently high level of development could expect to benefit from globalization as far as income distribution is concerned.

Suggested Citation

  • Tsai Pan-Long & Huang Chao-Hsi & Yang Chih-Yuan, 2012. "Impact of Globalization on Income Distribution Inequality in 60 Countries: Comments," Global Economy Journal, De Gruyter, vol. 12(3), pages 1-12, September.
    • Handle: RePEc:bpj:glecon:v:12:y:2012:i:3:n:7
    DOI: 10.1515/1524-5861.1845
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    References listed on IDEAS

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    1. Pan-Long Tsai, 1995. "Foreign direct investment and income inequality: Further evidence," World Development, Elsevier, vol. 23(3), pages 469-483, March.
    2. Frazer, Garth, 2006. "Inequality and development across and within countries," World Development, Elsevier, vol. 34(9), pages 1459-1481, September.
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    Cited by:

    1. Marks Andrew, 2013. "The Globalization of the Australian Textile, Clothing, Footwear and Motor Vehicle Industries: Results in Line with Other Western Market Economies," Global Economy Journal, De Gruyter, vol. 13(1), pages 129-150, January.
    2. Yaya Keho, 2017. "Effect of remittances on household consumption in African and Asian countries: A quantile regression approach," Economics Bulletin, AccessEcon, vol. 37(3), pages 1753-1767.

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    Keywords

    globalization; income inequality;

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