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    Has Globalization Increased Inequality?

    Access Status
    Fulltext not available
    Authors
    Dreher, A.
    Gaston, Noel
    Date
    2008
    Type
    Journal Article
    
    Metadata
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    Citation
    Dreher, Alex and Gaston, Noel. 2008. Has Globalization Increased Inequality? Review of International Economics. 16 (3): pp. 516-536.
    Source Title
    Review of International Economics
    DOI
    10.1111/j.1467-9396.2008.00743.x
    ISSN
    0965-7576
    URI
    http://hdl.handle.net/20.500.11937/36863
    Collection
    • Curtin Research Publications
    Abstract

    There is no shortage of theories that purport to explain why globalization may have adverse, insignificant, or even beneficial effects on income and earnings inequality. Surprisingly, the empirical realities remain an almost complete mystery. In this paper, we use data on industrial wage inequality, household income inequality as well as measures of the economic, social and political dimensions of globalization to examine this controversial issue. Overall, while we find that globalization has exacerbated inequality; this is particularly true in the case of income inequality in OECD countries.

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