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Pregled bibliografske jedinice broj: 1133776

Managing the Impact of Globalization and Technology on Inequality


Tica, Josip; Globan, Tomislav; Arčabić, Vladimir
Managing the Impact of Globalization and Technology on Inequality // Ekonomska istraživanja (2021) doi:10.1080/1331677X.2021.1952466 (znanstveni, prihvaćen)


CROSBI ID: 1133776 Za ispravke kontaktirajte CROSBI podršku putem web obrasca

Naslov
Managing the Impact of Globalization and Technology on Inequality

Autori
Tica, Josip ; Globan, Tomislav ; Arčabić, Vladimir

Vrsta, podvrsta
Radovi u časopisima, znanstveni

Izvornik
Ekonomska istraživanja (2021)

Status rada
Prihvaćen

Ključne riječi
inequality ; technology ; globalization ; openness ; threshold model ; employment rate

Sažetak
This paper tests the relative importance of globalization and technological change in explaining income inequality at higher and lower development levels. Besides, the paper analyzes 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.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija



POVEZANOST RADA


Projekti:
UIP-2017-05-6785 - Osnivanje i razvoj Centra za strukturno i nelinearno makroekonomsko modeliranje (MacroHub) (MACROHUB) (Globan, Tomislav, HRZZ - 2017-05) ( POIROT)
IP-2019-04-4500 - Analiza strukturnih čimbenika konvergencije Republike Hrvatske tijekom tranzicijskog procesa (CONVRH) (Tica, Josip, HRZZ - 2019-04) ( POIROT)

Ustanove:
Ekonomski fakultet, Zagreb

Profili:

Avatar Url Vladimir Arčabić (autor)

Avatar Url Tomislav Globan (autor)

Avatar Url Josip Tica (autor)

Citiraj ovu publikaciju

Tica, Josip; Globan, Tomislav; Arčabić, Vladimir
Managing the Impact of Globalization and Technology on Inequality // Ekonomska istraživanja (2021) doi:10.1080/1331677X.2021.1952466 (znanstveni, prihvaćen)
Tica, J., Globan, T. & Arčabić, V. (2021) Managing the Impact of Globalization and Technology on Inequality. Prihvaćen za objavljivanje u Ekonomska istraživanja. [Preprint] doi:10.1080/1331677X.2021.1952466.
@unknown{unknown, year = {2021}, DOI = {10.1080/1331677X.2021.1952466}, keywords = {inequality, technology, globalization, openness, threshold model, employment rate}, journal = {Ekonomska istra\v{z}ivanja}, doi = {10.1080/1331677X.2021.1952466}, title = {Managing the Impact of Globalization and Technology on Inequality}, keyword = {inequality, technology, globalization, openness, threshold model, employment rate} }
@unknown{unknown, year = {2021}, DOI = {10.1080/1331677X.2021.1952466}, keywords = {inequality, technology, globalization, openness, threshold model, employment rate}, journal = {Ekonomska istra\v{z}ivanja}, doi = {10.1080/1331677X.2021.1952466}, title = {Managing the Impact of Globalization and Technology on Inequality}, keyword = {inequality, technology, globalization, openness, threshold model, employment rate} }

Časopis indeksira:


  • Current Contents Connect (CCC)
  • Web of Science Core Collection (WoSCC)
    • Social Science Citation Index (SSCI)
    • SCI-EXP, SSCI i/ili A&HCI
  • Scopus


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