Impact of fintech, mineral resources extraction, and globalization on social inequality: Exploring the role of technology innovation in G10 economies
Author
Abstract
Suggested Citation
DOI: 10.1016/j.resourpol.2023.104606
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Alvarado, Rafael & Tillaguango, Brayan & López-Sánchez, Michelle & Ponce, Pablo & Işık, Cem, 2021. "Heterogeneous impact of natural resources on income inequality: The role of the shadow economy and human capital index," Economic Analysis and Policy, Elsevier, vol. 69(C), pages 690-704.
- Joakim Westerlund & David L. Edgerton, 2008.
"A Simple Test for Cointegration in Dependent Panels with Structural Breaks,"
Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 70(5), pages 665-704, October.
- Westerlund, Joakim & Edgerton, David, 2006. "Simple Tests for Cointegration in Dependent Panels with Structural Breaks," Working Papers 2006:13, Lund University, Department of Economics, revised 28 Jan 2007.
- Guanghua Wan & Ming Lu & Zhao Chen, 2007.
"Globalization And Regional Income Inequality: Empirical Evidence From Within China,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 53(1), pages 35-59, March.
- Guanghua Wan & Ming Lu & Zhao Chen, 2006. "Globalization and Regional Income Inequality: Empirical Evidence from Within China," WIDER Working Paper Series RP2006-139, World Institute for Development Economic Research (UNU-WIDER).
- M. Hashem Pesaran, 2007.
"A simple panel unit root test in the presence of cross-section dependence,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(2), pages 265-312.
- Pesaran, M.H., 2003. "A Simple Panel Unit Root Test in the Presence of Cross Section Dependence," Cambridge Working Papers in Economics 0346, Faculty of Economics, University of Cambridge.
- Liang, Jinhao & Razzaq, Asif & Sharif, Arshian & Irfan, Muhammad, 2022. "Revisiting economic and non-economic indicators of natural resources: Analysis of developed economies," Resources Policy, Elsevier, vol. 77(C).
- Law, Siong Hook & Naseem, N.A.M. & Lau, Wei Theng & Trinugroho, Irwan, 2020. "Can innovation improve income inequality? Evidence from panel data," Economic Systems, Elsevier, vol. 44(4).
- Ayse Demir & Vanesa Pesqué-Cela & Yener Altunbas & Victor Murinde, 2022. "Fintech, financial inclusion and income inequality: a quantile regression approach," The European Journal of Finance, Taylor & Francis Journals, vol. 28(1), pages 86-107, January.
- Hashem Pesaran, M. & Yamagata, Takashi, 2008.
"Testing slope homogeneity in large panels,"
Journal of Econometrics, Elsevier, vol. 142(1), pages 50-93, January.
- Pesaran, M.H. & Yamagata. T., 2005. "Testing Slope Homogeneity in Large Panels," Cambridge Working Papers in Economics 0513, Faculty of Economics, University of Cambridge.
- M. Hashem Pesaran & Takashi Yamagata, 2005. "Testing Slope Homogeneity in Large Panels," IEPR Working Papers 05.14, Institute of Economic Policy Research (IEPR).
- M. Hashem Pesaran & Takashi Yamagata, 2005. "Testing Slope Homogeneity in Large Panels," CESifo Working Paper Series 1438, CESifo.
- Bergh, Andreas & Nilsson, Therese, 2010. "Do liberalization and globalization increase income inequality?," European Journal of Political Economy, Elsevier, vol. 26(4), pages 488-505, December.
- Bourguignon, F. & Morrisson, C., 1990.
"Income distribution, development and foreign trade : A cross-sectional analysis,"
European Economic Review, Elsevier, vol. 34(6), pages 1113-1132, September.
- Bourguignon, F. & Morrisson, C., 1989. "Income Distribution, Development and Foreign Trade: A Cross-Sectional Analysis," DELTA Working Papers 89-05, DELTA (Ecole normale supérieure).
- Crespo Cuaresma, Jesus & Havettová, Miroslava & Lábaj, Martin, 2013.
"Income convergence prospects in Europe: Assessing the role of human capital dynamics,"
Economic Systems, Elsevier, vol. 37(4), pages 493-507.
- Jesus Crespo Cuaresma & Miroslava Havettova & Martin Labaj, 2012. "Income convergence prospects in Europe: Assessing the role of human capital dynamics," Department of Economics Working Papers wuwp143, Vienna University of Economics and Business, Department of Economics.
- Crespo Cuaresma, Jesus & Havettová, Miroslava & Lábaj, Martin, 2012. "Income convergence prospects in Europe: Assessing the role of human capital dynamics," Department of Economics Working Paper Series 143, WU Vienna University of Economics and Business.
- M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
- Christopher A. Hartwell & Roman Horvath & Eva Horvathova & Olga Popova, 2019. "Democratic Institutions, Natural Resources, and Income Inequality," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 61(4), pages 531-550, December.
- M. Hashem Pesaran, 2015.
"Testing Weak Cross-Sectional Dependence in Large Panels,"
Econometric Reviews, Taylor & Francis Journals, vol. 34(6-10), pages 1089-1117, December.
- Pesaran, M. Hashem, 2012. "Testing Weak Cross-Sectional Dependence in Large Panels," IZA Discussion Papers 6432, Institute of Labor Economics (IZA).
- M. Hashem Pesaran, 2012. "Testing Weak Cross-Sectional Dependence in Large Panels," CESifo Working Paper Series 3800, CESifo.
- Pesaran, M. H., 2012. "Testing Weak Cross-Sectional Dependence in Large Panels," Cambridge Working Papers in Economics 1208, Faculty of Economics, University of Cambridge.
- Christopher Hartwell & Roman Horvath & Eva Horvathova & Olga Popova, 2022.
"Natural resources and income inequality in developed countries: synthetic control method evidence,"
Empirical Economics, Springer, vol. 62(2), pages 297-338, February.
- Christopher Hartwell & Roman Horvath & Eva Horvathova & Olga Popova, 2019. "Natural Resources and Income Inequality in Developed Countries: Synthetic Control Method Evidence," Working Papers 381, Leibniz Institut für Ost- und Südosteuropaforschung (Institute for East and Southeast European Studies).
- Ponce, Pablo & Yunga, Fernando & Larrea-Silva, Jhohana & Aguirre, Nikolay, 2023. "Spatial determinants of income inequality at the global level: The role of natural resources," Resources Policy, Elsevier, vol. 84(C).
- Graham A. Davis, 2020. "Large-sample evidence of income inequality in resource-rich nations," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 33(1), pages 193-216, July.
- Murat Cetin & Harun Demir & Selin Saygin, 2021. "Financial Development, Technological Innovation and Income Inequality: Time Series Evidence from Turkey," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 156(1), pages 47-69, July.
- Antonelli, Cristiano & Gehringer, Agnieszka, 2017. "Technological change, rent and income inequalities: A Schumpeterian approach," Technological Forecasting and Social Change, Elsevier, vol. 115(C), pages 85-98.
- Jiang, Chun & Zhang, Yadi & Kamran, Hafiz Waqas & Afshan, Sahar, 2021. "Understanding the dynamics of the resource curse and financial development in China? A novel evidence based on QARDL model," Resources Policy, Elsevier, vol. 72(C).
- Hodula, Martin, 2023. "Fintech credit, big tech credit and income inequality," Finance Research Letters, Elsevier, vol. 51(C).
- Désiré Kanga & Christine Oughton & Laurence Harris & Victor Murinde, 2022. "The diffusion of fintech, financial inclusion and income per capita," The European Journal of Finance, Taylor & Francis Journals, vol. 28(1), pages 108-136, January.
- Razzaq, Asif & Sharif, Arshian & Ozturk, Ilhan & Skare, Marinko, 2023. "Asymmetric influence of digital finance, and renewable energy technology innovation on green growth in China," Renewable Energy, Elsevier, vol. 202(C), pages 310-319.
- Corakci, Aysegul & Omay, Tolga, 2023. "Is there convergence in renewable energy deployment? Evidence from a new panel unit root test with smooth and sharp structural breaks," Renewable Energy, Elsevier, vol. 205(C), pages 648-662.
- Sethi, Pradeepta & Bhattacharjee, Sankalpa & Chakrabarti, Debkumar & Tiwari, Chhavi, 2021. "The impact of globalization and financial development on India’s income inequality," Journal of Policy Modeling, Elsevier, vol. 43(3), pages 639-656.
- Rahman, Md. Matiar & Hosan, Shahadat & Karmaker, Shamal Chandra & Chapman, Andrew J. & Saha, Bidyut Baran, 2021. "The effect of remittance on energy consumption: Panel cointegration and dynamic causality analysis for South Asian countries," Energy, Elsevier, vol. 220(C).
- Li, ChangZheng & Razzaq, Asif & Ozturk, Ilhan & Sharif, Arshian, 2023. "Natural resources, financial technologies, and digitalization: The role of institutional quality and human capital in selected OECD economies," Resources Policy, Elsevier, vol. 81(C).
- Hu, Kexiang & Sinha, Avik & Tan, Zhixiong & Shah, Muhammad Ibrahim & Abbas, Shujaat, 2022. "Achieving energy transition in OECD economies: Discovering the moderating roles of environmental governance," Renewable and Sustainable Energy Reviews, Elsevier, vol. 168(C).
- Fum, Ruikang Marcus & Hodler, Roland, 2010. "Natural resources and income inequality: The role of ethnic divisions," Economics Letters, Elsevier, vol. 107(3), pages 360-363, June.
- Perera-Tallo, Fernando, 2017. "Growing income inequality due to biased technological change," Journal of Macroeconomics, Elsevier, vol. 52(C), pages 23-38.
- Payne, James E. & Lee, Junsoo & Islam, Md. Towhidul & Nazlioglu, Saban, 2022. "Stochastic convergence of per capita greenhouse gas emissions: New unit root tests with breaks and a factor structure," Energy Economics, Elsevier, vol. 113(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ruijia Wu & Rafael Alvarado & Priscila Méndez & Brayan Tillaguango, 2024. "Impact of Informational and Cultural Globalization, R&D, and Urbanization on Inequality," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 1666-1702, March.
- Teng, Wei & Mamman, Suieiman O. & Xiao, Chengyou & Abbas, Shujaat, 2024. "Impact of natural resources on income equality in Gulf Cooperation Council: Evidence from machine learning approach," Resources Policy, Elsevier, vol. 88(C).
- Wang, Jianxin & Zhu, Guohua & Chang, Tin-Chang, 2024. "Unveiling the relationship between institutional quality, fintech, financial inclusion, human capital development and mineral resource abundance. An Asian perspective," Resources Policy, Elsevier, vol. 89(C).
- Sawadogo, Relwendé & Ouoba, Youmanli, 2024. "Do natural resources rents reduce income inequality? A finite mixture of regressions approach," Resources Policy, Elsevier, vol. 91(C).
- Çetin, Murat & Sarıgül, Sevgi Sümerli & Işık, Cem & Avcı, Pınar & Ahmad, Munir & Alvarado, Rafael, 2023. "The impact of natural resources, economic growth, savings, and current account balance on financial sector development: Theory and empirical evidence," Resources Policy, Elsevier, vol. 81(C).
- Chen, Jie & Huang, Shoujun & Ajaz, Tahseen, 2022. "Natural resources management and technological innovation under EKC framework: A glimmer of hope for sustainable environment in newly industrialized countries," Resources Policy, Elsevier, vol. 79(C).
- Law, Siong Hook & Naseem, N.A.M. & Lau, Wei Theng & Trinugroho, Irwan, 2020. "Can innovation improve income inequality? Evidence from panel data," Economic Systems, Elsevier, vol. 44(4).
- Anran Xiao & Zeshui Xu & Marinko Skare & Yong Qin & Xinxin Wang, 2024. "Bridging the digital divide: the impact of technological innovation on income inequality and human interactions," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-18, December.
- Ponce, Pablo & Yunga, Fernando & Larrea-Silva, Jhohana & Aguirre, Nikolay, 2023. "Spatial determinants of income inequality at the global level: The role of natural resources," Resources Policy, Elsevier, vol. 84(C).
- Geng, Yaxin & Rao, Pinyang & Sharif, Arshian, 2022. "Natural resource management and ecological sustainability: Dynamic role of social disparity and human development in G10 Economies," Resources Policy, Elsevier, vol. 79(C).
- Huntington, Hillard & Liddle, Brantley, 2022.
"How energy prices shape OECD economic growth: Panel evidence from multiple decades,"
Energy Economics, Elsevier, vol. 111(C).
- Huntington, Hillard G. & Liddle, Brantley, 2022. "How Energy Prices Shape OECD Economic Growth: Panel Evidence from Multiple Decades," MPRA Paper 113040, University Library of Munich, Germany.
- Yu Shuangshuang & Wenzhong Zhu & Nafeesa Mughal & Sergio Ivan Vargas Aparcana & Iskandar Muda, 2023. "The impact of education and digitalization on female labour force participation in BRICS: an advanced panel data analysis," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-9, December.
- Liu, Pengqiang & Li, Xin & Chang, Hsu-Ling & Su, Nan, 2024. "Natural resources Kuznets curve: The role of mineral resources, urbanization, and digitalization in BRICS economies," Resources Policy, Elsevier, vol. 90(C).
- Alexeev, Michael & Zakharov, Nikita, 2022.
"Who profits from windfalls in oil tax revenue? Inequality, protests, and the role of corruption,"
Journal of Economic Behavior & Organization, Elsevier, vol. 197(C), pages 472-492.
- Michael Alexeev & Nikita Zakharov, 2021. "Who Profits from Windfalls in Oil Tax Revenue? Inequality, Protests, and the Role of Corruption," CAEPR Working Papers 2021-004 Classification- , Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
- Alexeev, Michael & Zakharov, Nikita, 2022. "Who profits from windfalls in oil tax revenue? Inequality, protests, and the role of corruption," BOFIT Discussion Papers 2/2022, Bank of Finland Institute for Emerging Economies (BOFIT).
- Schneider, Nicolas & Strielkowski, Wadim, 2023. "Modelling the unit root properties of electricity data—A general note on time-domain applications," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 618(C).
- Muhammad Shafiullah & Luke Emeka Okafor & Usman Khalid, 2019. "Determinants of international tourism demand: Evidence from Australian states and territories," Tourism Economics, , vol. 25(2), pages 274-296, March.
- Zhao, Wen-Xuan & Samour, Ahmed & Yi, Kefu & Al-Faryan, Mamdouh Abdulaziz Saleh, 2023. "Do technological innovation, natural resources and stock market development promote environmental sustainability? Novel evidence based on the load capacity factor," Resources Policy, Elsevier, vol. 82(C).
- Yang, Shuangpeng & umar, Muhammad, 2022. "How globalization is reshaping the environmental quality in G7 economies in the presence of renewable energy initiatives?," Renewable Energy, Elsevier, vol. 193(C), pages 128-135.
- Liu, Fengyu & Feng, Jue & Zhai, Ge & Razzaq, Asif, 2022. "Influence of fiscal decentralization and renewable energy investment on ecological sustainability in EU: What is the moderating role of institutional governance?," Renewable Energy, Elsevier, vol. 200(C), pages 1265-1274.
- Aydin, Mucahit & Erdem, Azad, 2024. "Analyzing the impact of resource productivity, energy productivity, and renewable energy consumption on environmental quality in EU countries: The moderating role of productivity," Resources Policy, Elsevier, vol. 89(C).
More about this item
Keywords
Financial technologies; Natural resources; Globalization; Income inequality;All these keywords.
Statistics
Access and download statisticsCorrections
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:eee:jrpoli:v:89:y:2024:i:c:s030142072301317x. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.