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dc.contributor.authorHeshmati, Almasen_US
dc.date.accessioned2011-12-14T09:38:24Z-
dc.date.available2011-12-14T09:38:24Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/52745-
dc.description.abstractIn this paper we present two composite indices of globalization. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate which countries have become most globalized and show how globalization has developed over time. The indices are composed of four components: economic integration, personal contact, technology and political engagement, each generated from a number of variables. A breakdown of the index into major components provides possibilities to identify sources of globalization and associate it with economic policy measures. The empirical results show that a low rank in the globalization process is due to political and personal factors with limited possibility for the developing countries to affect. The high ranked developed countries share similar patterns in distribution of various components. The indices were also used in a regression analysis to study the causal relationship between income inequality and globalization. Globalization indices explain only 7 to 11 per cent of the variations in income inequality among countries.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesWIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) 2003/69en_US
dc.subject.jelC23en_US
dc.subject.jelD63en_US
dc.subject.jelF15en_US
dc.subject.jelO57en_US
dc.subject.ddc330en_US
dc.subject.keywordglobalizationen_US
dc.subject.keywordincome inequalityen_US
dc.subject.keywordindicesen_US
dc.subject.keywordprincipal componenten_US
dc.subject.stwGlobalisierungen_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwIndexen_US
dc.subject.stwTheorieen_US
dc.titleMeasurement of a multidimentional index of globalization and its impact on income inequalityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn375558535en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Discussion Papers, United Nations University (UNU)

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