Arbeitspapier

Do economic liberalization and globalization increase income inequality?

Using the newly developed KOF-index of globalization, as well as the economic freedom index from the Fraser institute, we examine if globalization and economic liberalizations are linked to increases in income inequality within countries. Studying changes between 1980 and 2000, we find a positive link between inequality and liberalization only for certain types of reforms: Trade liberalizations, deregulation of product and labor markets and economic globalization. The Scandinavian welfare states have increased economic freedom and globalization more than other countries, but they have also experienced high increases in income inequality.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2008:12

Klassifikation
Wirtschaft
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Macroeconomic Analyses of Economic Development
Comparative Analysis of Economic Systems
Thema
Economic freedom
Globalization
Income Inequality
Gini Coefficient
Welfare states

Ereignis
Geistige Schöpfung
(wer)
Bergh, Andreas
Nilsson, Therese
Ereignis
Veröffentlichung
(wer)
Lund University, School of Economics and Management, Department of Economics
(wo)
Lund
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Bergh, Andreas
  • Nilsson, Therese
  • Lund University, School of Economics and Management, Department of Economics

Entstanden

  • 2008

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