Globalization and income inequality

dc.contributor.author	Αστερίου, Δημήτριος	el
dc.contributor.author	Δημέλη, Σοφία	el
dc.contributor.author	Μουδάτσου, Αργυρώ	el
dc.date.accessioned	2015-06-05T13:48:32Z
dc.date.issued	2015-06-05
dc.identifier.uri	http://hdl.handle.net/11400/15131
dc.rights	Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ηνωμένες Πολιτείες	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/us/	*
dc.source	http://www.elsevier.com/	en
dc.subject	Εισοδηματικές ανισότητες
dc.subject	Πάνελ δεδομένων
dc.subject	Χρηματοπιστωτική παγκοσμιοποίηση
dc.subject	Εμπόριο
dc.subject	Income inequalities
dc.subject	Panel data
dc.subject	Financial globalization
dc.subject	Trade
dc.subject	FDI
dc.title	Globalization and income inequality	en
heal.type	journalArticle
heal.secondaryTitle	a panel data econometric approach for the EU27 countries	en
heal.classification	Economy
heal.classification	Statistics
heal.classification	Οικονομία
heal.classification	Στατιστική
heal.classificationURI	http://id.loc.gov/authorities/subjects/sh85040879
heal.classificationURI	http://id.loc.gov/authorities/subjects/sh99001414
heal.classificationURI	N/A-Οικονομία
heal.classificationURI	N/A-Στατιστική
heal.identifier.secondary	DOI: 10.1016/j.econmod.2013.09.051
heal.dateAvailable	10000-01-01
heal.language	en
heal.access	forever
heal.recordProvider	Τεχνολογικό Εκπαιδευτικό Ίδρυμα Αθήνας. Σχολή Τεχνολογικών Εφαρμογών. Tμήμα Μηχανικών Πληροφορικής Τ.Ε.	el
heal.publicationDate	2014-01
heal.bibliographicCitation	Asteriou, D., Dimelis, S. and Moydatsou, A. (2014) Globalization and income inequality: a panel data econometric approach for the EU27 countries. Economic modeling, 36. pp. 592-599.	en
heal.abstract	This paper investigates the relationship between income inequality and globalization, measured with both trade and financial variables. We estimate an econometric model using appropriate panel data techniques for the EU-27 countries over the period 1995–2009. The analysis is also performed at subgroups of countries within the EU27, such as the Core, Periphery, High Technology, and the New EU Member countries. Overall, the results suggest that trade openness exerts an equalizing effect, while financial globalization through FDI, capital account openness and stock market capitalization has been the driving force of inequality in the EU-27 since 1995. The highest contribution to inequality stems from FDI. Although the trade impact remained robust, disparities were observed in the financial globalization effects within a certain group or among country groups. The recent financial crisis led to a significant rise in inequality only in the EU-periphery and the New Member states. The impact from the other control variables was either minor or insignificant.	en
heal.publisher	Elsevier	en
heal.journalName	Economic modeling	en
heal.journalType	peer-reviewed
heal.fullTextAvailability	false