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The Impact of Globalization on Income Distribution in OIC Countries
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Abstract: (12638 Views) |
| The main object of this paper is examining the impact of globalization on income distribution in OIC countries during 1984-2010. For this purpose, the degree of trade openness and foreign direct investment-output ratio variables has been used as globalization indices.Using panel data techniques besides testing the Kuznets hypothesis for the impacts of globalization variables, government expenditure as a percentage of GDP, inflation, and population growth on Gini coefficient, as one of the most important indicators for income distribution, were analyzed. The research findings indicate that Kuznets hypothesis is not approved among OIC members. The results also suggest that income distribution improves with increasing of the real per capita income, and becomes more imbalanced with expanding of the globalization |
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| Keywords: Per Capita Income, Income Distribution, Globalization, Kuznets Hypothesis, OIC Countries |
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Full-Text [PDF 324 kb]
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Type of Study: Applicable |
Subject:
Special
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