Do liberalization and globalization increase income inequality?
In: European Journal of Political Economy, Band 26, Heft 4, S. 488-505
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In: European Journal of Political Economy, Band 26, Heft 4, S. 488-505
In: World development: the multi-disciplinary international journal devoted to the study and promotion of world development, Band 38, Heft 9, S. 1191-1203
In: Public choice, Band 142, Heft 1-2, S. 195-213
ISSN: 1573-7101
We examine the relationship between government size and economic growth, controlling for economic freedom and globalization, and using Bayesian Averaging over Classical Estimates in a panel of rich countries. Adapted from the source document.
In: European journal of political economy, Band 26, Heft 4, S. 488-505
ISSN: 1873-5703
"Using the Standardized World Income Inequality Database, we examine if the KOF Index of Globalization and the Economic Freedom Index of the Fraser institute are related to within country income inequality using panel data covering around 80 countries 1970 - 2005. Freedom to trade internationally is robustly related to inequality, also when adding several control variables and controlling for potential endogeneity using GMM. Social globalization and deregulation is also linked to inequality. Reforms towards economic freedom seem to increase inequality mainly in rich countries, and social globalization is more important in less developed countries. Monetary reforms, legal reforms and political globalization do not increase inequality." (Author's abstract, IAB-Doku) ((en))
In: Public choice, Band 142, Heft 1-2, S. 195-213
ISSN: 1573-7101
This paper analyzes the relation between three dimensions of globalization (economic, social and political) and life expectancy using a panel of 92 countries over the period 1970-2005. Using different estimation techniques and sample groupings we find a very robust positive effect from economic globalization on life expectancy, even when controlling for income, nutritional intake, literacy, number of physicians and several other factors. The result also holds when the sample is restricted to low income countries only. For political and social globalization we find no robust effects.
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In: European Journal of Political Economy, Band 26, Heft 4
SSRN
In: Scandinavian political studies: SPS ; a journal, Band 32, Heft 1, S. 71-93
ISSN: 0080-6757
In: Social science quarterly, Band 89, Heft 1, S. 217-235
ISSN: 1540-6237
Objective. The objective of this article is to examine whether public expenditure on higher education has an effect on income inequality by increasing enrollment.Methods. Combining data from the World Bank Development Indicators with data from the World Income Inequality Database version 2, we study the relation between government education expenditure and enrollment rates, as well as the relation between government education expenditure and the change in income inequality during the 1980s and the 1990s.Results. We find that public expenditure on higher education has no positive effect on enrollment. Increased enrollment is mainly explained by higher GDP per capita. Using carefully selected Gini coefficients to ensure comparability over time, we do not find a robust relation between higher education expenditure and lower income inequality, contrary to some previous studies.Conclusions. Government expenditure on higher education has very limited effects on enrollment and inequality. This finding, however, does not imply that there are no social benefits from such subsidies. For example, in countries where high marginal tax rates decrease the economic returns to education, governments may wish to compensate for this through subsidies.
In: Public money & management: integrating theory and practice in public management, S. 1-8
ISSN: 1467-9302
In: CESifo Working Paper Series No. 7049
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In: Journal of institutional economics, Band 10, Heft 2, S. 279-310
ISSN: 1744-1382
AbstractWe use the Economic Freedom Index to characterize the institutions of the Athenian city-state in the fourth century BCE. It has been shown that ancient Greece witnessed improved living conditions for an extended period of time. Athens in the fourth century appears to have fared particularly well. We find that economic freedom in ancient Athens is on level with the highest ranked modern economies such as Hong Kong and Singapore. With the exception of the position of women and slaves, Athens scores high in almost every dimension of economic freedom. Trade is probably highly important even by current standards. As studies of contemporary societies suggest that institutional quality is probably an important determinant of economic growth, it may also have been one factor in the relative material success of the Athenians.
In: Scandinavian political studies, Band 32, Heft 1, S. 71-93
ISSN: 1467-9477
In 1980, Sweden was a highly regulated economy with several state monopolies and low levels of economic freedom. Less than twenty years later, liberal reforms turned Sweden into one of the world's most open economies with a remarkable increase in economic freedom. While there is resilience when it comes to high levels of taxes and expenditure shares of GDP, there has been a profound restructuring of Sweden's economy in the 1980s and 1990s that previous studies have under‐estimated. Furthermore, the degree of political consensus is striking, both regarding the welfare state expansions that characterized Sweden up to 1980, as well as the subsequent liberalizations. Since established theories have difficulties explaining institutional change, this article seeks to understand how the Swedish style of policy making produced this surprising political consensus on liberal reforms. It highlights the importance of three complementary factors: policy making in Sweden has always been influenced by, and intimately connected to, social science; government commissions have functioned as 'early warning systems', pointing out future challenges and creating a common way to perceive problems; and, as a consequence, political consensus has evolved as a feature of Swedish style of policy making. The approach to policy making has been rationalistic, technocratic and pragmatic. The article concludes that the Swedish style of policy making not only explains the period of welfare state expansion – it is also applicable to the intense reform period of the 1980s and 1990s.
In: Elgaronline
In: Edward Elgar books
In: Edward Elgar E-Book Archive
1. Introduction -- 2. Measuring Health -- 3. Measuring Inequality -- 4. How Can Economic Inequality Influence Health? -- 5. Correlation Or Causality? Interpreting Scatter Plots And Regressions -- 6. The Ecological Fallacy: What Conclusions Can Be Made From Group Averages? -- 7. Income Inequality And Health: What Does The Literature Tell Us? -- 8. Searching For The Inequality Effect: What Tools Are Appropriate? -- 9. Conclusion.
In: IFN Working Paper No. 1353, 2020
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Working paper