The Relationship between Globalization and Income Inequality in South Africa

2018 ◽  
Vol 13 (4) ◽  
pp. 223-249
Author(s):  
Oluwasheyi Oladipo
Keyword(s):  
South Africa ◽  
Income Inequality ◽  
Income Distribution ◽  
Strong Evidence ◽  
World Economy ◽  
The World ◽  
Using Data ◽  
The Relationship

 The wave of globalization is having far-reaching implications for the economic wellbeing of citizens in all regions and among all income groups. Using data from 1994q1 to 2012q4, the paper investigates the relationship between globalization and income inequality in South Africa. We find no evidence that globalization might have deepened income inequality in South Africa, particularly in the provinces. Rather, the paper found strong evidence indicating that income distribution is improving, and has become more so, in provinces that have stronger links to the world economy. Strengthening those links appears to result in reductions in inequality. 

By Popular Demand: The Effect of Public Opinion on Income Inequality

2005 ◽  
Vol 4 (3-4) ◽  
pp. 261-284 ◽  
Author(s):  
Robert Andersen ◽  
Anthony Heath ◽  
David Weakliem
Keyword(s):  
Public Opinion ◽  
Income Inequality ◽  
Instrumental Variables ◽  
Public Support ◽  
Reciprocal Causation ◽  
Low Incomes ◽  
The World ◽  
Using Data ◽  
The Relationship ◽  
Distribution Of Income

AbstractThis paper examines the relationship between public support for wage differentials and actual income inequality using data from the World Values Surveys. The distribution of income is more equal in nations where public opinion is more egalitarian. There is some evidence that the opinions of people with higher incomes are more influential than those of people with low incomes. Although the estimated relationship is stronger in democracies, it is present even under non-democratic governments, and the hypothesis that effects are equal cannot be rejected. We consider the possibility of reciprocal causation by means of an instrumental variables analysis, which yields no evidence that income distribution affects opinion.

Entrepreneurship and Income Inequality: A Spatial Econometric Approach

2021 ◽  
Author(s):  
Bebonchu Atems ◽  
Grayden Shand
Keyword(s):  
Income Inequality ◽  
Strong Evidence ◽  
Specification Tests ◽  
Spatial Econometric ◽  
Spatial Durbin Model ◽  
Using Data ◽  
Econometric Approach ◽  
The Relationship ◽  
Dynamic Spatial Durbin Model

This paper extends research on the link between entrepreneurship and income inequality by introducing spatial considerations. Following a battery of specification tests, we model the relationship between entrepreneurship and inequality using a dynamic spatial Durbin model. Using data from the 48 continental U.S. states, we obtain strong evidence that entrepreneurship within a state not only affects inequality within that state, but has cross-state effects, as well.

Has Globalization Deepened Income Inequality in Mexico?

2007 ◽  
Vol 7 (1) ◽  
pp. 1850103 ◽  
Author(s):  
Fernando Borraz ◽  
Jose Ernesto Lopez-Cordova
Keyword(s):  
Income Inequality ◽  
Income Distribution ◽  
World Economy ◽  
Household Survey ◽  
Exporting Firms ◽  
Female Workers ◽  
Long Run ◽  
The World ◽  
State Employment ◽  
Household Survey Data

In this paper we use household survey data to study the evolution of income distribution in Mexico over the last decade, a period of rapid integration to the global and North American economies -- "globalization" for short. We measure differences in income inequality, over time and across Mexican states, and relate them to regional differences in the degree of globalization, controlling for the potential endogenous relationship between the two. We use the percent of state employment in exporting firms or in firms with foreign capital participation, as well as data on state trade, as proxies for integration to the world economy. Our findings strongly indicate that globalization has not raised income inequality in Mexico. On the contrary, we present compelling evidence showing that income distribution is more equitable in states that are more closely linked to the world economy and that those states exhibit larger declines in inequality. We also find some statistical evidence suggesting that deepening globalization results in reduced inequality, although our results are sketchier on this point, perhaps because such effect is only observable in the long run. As a potential explanation of why globalization might improve the distribution of income among Mexican households, we show that states that are more integrated to the world economy offer better work opportunities for low-skilled women relative to more educated female workers.

Kazakhstan’s Economic Growth in the Context of the World Economy

2006 ◽  
pp. 133-146 ◽  
Author(s):  
K. Arystanbekov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
World Economy ◽  
World Ocean ◽  
Direct Access ◽  
Crude Petroleum ◽  
Nation States ◽  
The World ◽  
The Relationship

Kazakhstan’s economic policy results in 1995-2005 are considered in the article. In particular, the analysis of the relationship between economic growth and some indicators of nation states - population, territory, direct access to the World Ocean, and extraction of crude petroleum - is presented. Basic problems in the sphere of economic policy in Kazakhstan are formulated.

Gender Ideology and Fertility: Evidence for a Curvilinear Hypothesis

2020 ◽  
Author(s):  
Serena Stefani ◽  
Gabriele Prati
Keyword(s):  
Gender Ideology ◽  
Two Dimensions ◽  
Curvilinear Relationship ◽  
World Population ◽  
Fertility Rates ◽  
The World ◽  
And Gender ◽  
Using Data ◽  
National Analysis ◽  
The Relationship

Research on the relationship between fertility and gender ideology revealed inconsistent results. In the present study, we argue that inconsistencies may be due to the fact that such relationship may be nonlinear. We hypothesize a U- shaped relationship between two dimensions of gender ideology (i.e. primacy of breadwinner role and acceptance of male privilege) and fertility rates. We conducted a cross-national analysis of 60 countries using data from the World Values Survey as well as the World Population Prospects 2019. Controlling for gross domestic product, we found support for a U-shaped relationship between gender ideology and fertility. Higher levels of fertility rates were found at lower and especially higher levels of traditional gender ideology, while a medium level of gender ideology was associated with the lowest fertility rate. This curvilinear relationship is in agreement with the phase of the gender revolution in which the country is located. Traditional beliefs are linked to a complementary division of private versus public sphere between sexes, while egalitarian attitudes are associated with a more equitable division. Both conditions strengthen fertility. Instead, as in the transition phase, intermediate levels of gender ideology’s support are associated with an overload and a difficult reconciliation of the roles that women have to embody (i.e. working and nurturing) so reducing fertility. The present study has contributed to the literature by addressing the inconsistencies of prior research by demonstrating that the relationship between gender ideology and fertility rates is curvilinear rather than linear.

scholarly journals Economic Growth and Income Inequality in Developing Countries

2015 ◽  
Vol 9 (6) ◽  
pp. 79-82 ◽  
Author(s):  
Morteza Nemati ◽  
Ghasem Raisi
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Income Inequality ◽  
Income Distribution ◽  
Economic System ◽  
Development Strategy ◽  
Low Income ◽  
Poverty Eradication ◽  
The Relationship ◽  
Selection Of

Nowadays, improvement in income distribution and poverty eradication and hence low inequality are served as the main objectives of economic and social development strategy even prior than primary tasks of governments. to manifest importance of income distribution, some economists adopt income inequality and income distribution in society as criteria for economic system of the community, although these criteria and measures are theoretical for the economic system and this varies from the perspective of different people, however, it denotes on  importance of income distribution among individuals. The main objective of this study was to evaluate the effect of economic growth on income inequality in the selection of low-income developing countries.To this end, using panel data and data for 28 developing countries over the period 1990-2010 the relationship between GDP and the Gini coefficient was examined. The results indicate that as per hypothesis Kuznets in the early stages of growth, income inequality increases and then it declines in later stage.

scholarly journals The Relationship Between Age and Happiness Varies by Income

2021 ◽  
Author(s):  
Dimiter Toshkov
Keyword(s):  
Income Distribution ◽  
Old Age ◽  
European Social Survey ◽  
Demographic Variables ◽  
Social Survey ◽  
Middle Income ◽  
The Subject ◽  
Using Data ◽  
The Relationship

AbstractThe link between age and happiness has been the subject of numerous studies. It is still a matter of controversy whether the relationship is U-shaped, with happiness declining after youth before bouncing back in old age, or not. While the effect of age has been examined conditional on income and other socio-demographic variables, so far, the interactions between age and income have remained insufficiently explored. Using data from the European Social Survey, this article shows that the nature of the relationship between age and happiness varies strongly with different levels of relative income. People in the lowest decile of the income distribution experience a ‘hockey stick’: a deep decline in self-reported happiness until around age 50–55 and a small bounce back in old age. The classic U-curve is found mostly in the middle-income ranks. For people at the top of the income distribution, average happiness does not vary much with age. These results demonstrate the important role of income in moderating the relationship between age and happiness.

scholarly journals Relationship between Sustainable Development of Branches of Fuel and Energy Complex and Growth GDP

2019 ◽  
Vol 8 (2S11) ◽  
pp. 3760-3763 ◽  
Keyword(s):  
Regression Analysis ◽  
System Performance ◽  
World Economy ◽  
Energy System ◽  
Developed Countries ◽  
Energy Resources ◽  
Gdp Growth ◽  
The World ◽  
Cross Country ◽  
The Relationship

The article discusses the relationship between the development of fuel and energy Uzbekistan with GDP growth (gross domestic product). Data are provided on the forecast growth rates of the world economy, the average developed countries and Uzbekistan, factors for ensuring GDP growth in tandem with the efficiency of the use of fuel and energy resources. Based on the cross-country regression analysis, the model of the influence of the energy system performance index (EAPI) on GDP growth is shown.

scholarly journals CEO compensation and performance of state owned enterprises in South Africa

2012 ◽  
Vol 10 (1) ◽  
pp. 97-109 ◽  
Author(s):  
Sam Ngwenya ◽  
Mahlomolo Khumalo
Keyword(s):  
South Africa ◽  
Ceo Compensation ◽  
Positive Relationship ◽  
Board Members ◽  
Total Revenue ◽  
Return On Assets ◽  
Base Salary ◽  
And Performance ◽  
Using Data ◽  
The Relationship

The study investigates the relationship between CEO compensation and performance of State Owned Enterprises (SOEs) in South Africa, using data for the period 2009 to 2011. The results indicated that there exist no positive relationship between CEO compensation and SOEs performance as measured by return on assets. The results also indicated a positive relationship between CEO compensation (base salary) and the size of SOEs as measured by total revenue and number of employees. The results suggest that board members of SOEs in South Africa should hold CEOs accountable for the performance of SOEs, and should not pay huge salaries and bonuses to non performing CEOs.

scholarly journals A dinâmica da integração internacional das economias e o Brasil: um exercício teórico

2018 ◽  
Vol 5 (1) ◽  
pp. 635
Author(s):  
Eiiti Sato
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
International Relations ◽  
World Economy ◽  
International Political Economy ◽  
Market Forces ◽  
State Institutions ◽  
Domestic Markets ◽  
The World ◽  
The Relationship

Since the exchange of goods, services, and capital became a worldwide system some nations have succeeded becoming wealthy and prosperous while many others have failed remaining in poverty. Over the last three decades the dynamism of the increasing integrated world economy became an essential part of the process of economic growth, and as a consequence growth has been meager in countries like Brazil whose authorities have remained systematically hesitant to integrate the domestic markets into the world economy, staying apart from the main flows of trade and capital. The article discusses also why economic development studies has moved from the field of Economy to the field of International Relations forming the area of International Political Economy studies which is mainly driven to understand the trends and changes in the relationship between the state institutions and the market forces in the national and international levels. The essay concludes that to any country the process of integrating into the world economy means exploring and improving national potentialities rather than abandoning national identity and interests. 

Sign in / Sign up

Export Citation Format

Share Document