The Effect of Globalization on the Income Inequality

• Název práce v češtině: Efekt globalizace na příjmovou nerovnost
• Název v anglickém jazyce: The Effect of Globalization on the Income Inequality
• Klíčová slova: globalizace, přijímová nerovnost, Gini koeficient, KOF index, DHL index, Kuznetsova křivka, panelová data
• Klíčová slova anglicky: Globalization, Income Inequality, Gini Coefficient, KOF Index, DHL Index, Kuznets Curve, Panel Data
• Akademický rok vypsání: 2014/2015
• Typ práce: bakalářská práce
• Jazyk práce: angličtina
• Ústav: Institut ekonomických studií (23-IES)
• Vedoucí / školitel: doc. Ing. Tomáš Cahlík, CSc.
• Řešitel: Mgr. Martin Stárek - zadáno vedoucím/školitelem
• Datum přihlášení: 28.05.2015
• Datum zadání: 28.05.2015
• Datum a čas obhajoby: 06.09.2016 00:00
• Místo konání obhajoby: IES
• Datum odevzdání elektronické podoby: 26.07.2016
• Datum proběhlé obhajoby: 06.09.2016
• Oponenti: Ayaz Zeynalov, M.A., Ph.D.

Seznam odborné literatury

ATIF, Syed Muhammad; SRIVASTAV, Mudit; SAUYTBEKOVA, Moldir and ARACHCHIGE, Udeni Kathri, 2012. Globalization and Income Inequality: A Panel Data Analysis of 68 Countries. [online]. [cited 21.4.2016]. Available at: https://www.econstor.eu/handle/10419/65664
BARRO, Robert and LEE, Jong-Wha, 2016. Educational Attainment Dataset. [online.] [cited 7.7.2016]. Available at: http://barrolee.com/
BERGGREN, Niclas, 1999. Economic freedom and equality: Friends or foes? Public Choice. [online]. Vol. 100. pp. 203-223. [cited 30.4.2016]. DOI: 10.1023/A:1018343912743. Available at: http://link.springer.com/article/10.1023/A:1018343912743
BERGH, Andreas and NILSSON, Therese, 2010. Do liberalization and globalization increase income inequality? European Journal of Political Economy. [online]. Vol. 26. pp. 488-505. [cited 21.4.2016]. DOI: 10.1016/j.ejpoleco.2010.03.002. Available at: http://www.sciencedirect.com/science/article/pii/S0176268010000091
DAMGAARD, Christian and WEINER, Jacob, 2000. Describing Inequality in Plant Size or Fecundity. Ecology. [online]. Vol. 81, Issue 4. pp. 1139-1142. [cited 8.7.2016]. DOI: 10.1890/0012-9658(2000)081[1139:DIIPSO]2.0.CO;2. Available at: http://www.jacobweiner.dk/site/Publications_files/Damgaard_Weiner_2000.pdf
DREHER, Alex, 2006. Does globalization affect growth? Evidence from a new index of globalization. Applied Economics. [online]. Vol. 38, Issue 20. pp. 1091–1110. [cited 30.4.2016]. DOI: 10.1080/00036840500392078. Available at: http://www.tandfonline.com/doi/abs/10.1080/00036840500392078
DREHER, Alex and GASTON, Noel, 2008. Has Globalization Increased Inequality? Review of International Economics. [online]. Vol. 16, Issue 3. pp. 516-536. [cited 30.4.2016]. DOI:10.1111/j.1467-9396.2008.00743.x. Available at: http://onlinelibrary.wiley.com/doi/10.1111/j.1467-9396.2008.00743.x/abstract
GALBRAITH, James K. and KUM, Hyunsub, 2002. Inequality and Economic Growth: Data Comparisons and Econometric Tests. [online]. University of Texas Inequality Project Working Paper Number 21. [cited 1.5.2016]. Available at: http://utip.lbj.utexas.edu/papers.html
GHEMAWAT, Pankaj and ALTMAN, Steven A., 2014. DHL Global Connectedness Index. [online]. [cited 6.5.2016]. Available at: http://www.dhl.com/en/about_us/logistics_insights/studies_research/global_connectedness_index/global_connectedness_index.html#.V4rQohV97IV
KUZNETS, Simon, 1955. Economic Growth and Income Inequality. The American Economic Review. [online]. Vol. 45, Issue 1. [cited 13.7.2016]. Available at: https://assets.aeaweb.org/assets/production/journals/aer/top20/45.1.1-28.pdf
LALL, Subir; JAUMOTTE, Florence; PAPAGEORGIOU, Chris; TOPALOVA, Petia et al., 2007. Globalization and Inequality. [online]. Chapter 4. World Economic Outlook. [cited 13.6.2016]. Available at: https://www.imf.org/external/pubs/ft/weo/2007/02/
POTRAFKE, Niklas, 2014. The Evidence on Globalization. [online]. CESIFO Working Paper No. 4708. Center for Economic Studies and Ifo Institute. [cited 18.4.2016]. Available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2425513
SOLT, Frederic, 2014. The Standardized World Income Inequality Database. [online]. Working paper. SWIID Version 5.0. [cited 21.4.2016]. Available at: https://dataverse.harvard.edu/dataset.xhtml?persistentId=hdl:1902.1/11992
STURM, Jan-Egbert, 2016. KOF Index of Globalization. [online]. ETH, Swiss Federal Institute of Technology Zurich. [cited 12.4.2016]. Available at: http://globalization.kof.ethz.ch/
THE WORLD BANK DATABANK, 2016. The World Databank. [online]. [cited 7.5.2016]. Available at: http://databank.worldbank.org/data/home.aspx
UNITED NATIONS, 2015. Sustainable Development Goals. [online]. [cited 13.7.2016]. Available at: http://www.un.org/sustainabledevelopment/sustainable-development-goals/
VUJAKOVIC, Petra, 2010. How to Measure Globalisation? A New Globalisation Index (NGI). [online]. FIW Working Paper Nr. 46. [cited 13.7.2016]. Available at: http://www.fiw.ac.at/fileadmin/Documents/Publikationen/Working_Paper/N_046-Vujakovic.pdf
WOOLDRIDGE, Jeffrey M. 2013. Introductory Econometrics: A Modern Approach. 5th edition. South-Western, Mason, OH: Cengage Learning. 910 p. ISBN 1-111-53104-8.

Předběžná náplň práce

Popis práce:
Tato práce se zaměřuje především na přijímovou nerovnost ve světě. Tato práce bude odpovídat na otázky typu:
1) Jaký je efekt globalizace na přijímovou nerovnost?
2) Záleží na úrovni vyspělosti země?
3) Je vztah robustní nebo citlivý na míry klíčových veličin?
4) Jak dílčí veličiny ovlivňují efekt kompozitních globalizačních indexů?
5) Existuje Kuznetsova křivka?
Také budeme analyzovat globalizační indexy a metodologii použitou při jejich sestavování.
Míry nerovnosti, které budeme používat, budou především Gini koeficienty, Theil index (míra platové nerovnosti ve výrobním sektoru) a Ratio 90:10. Globalizace pak bude měřena jak standardním a široce používaným KOF indexem, tak relativně novým DHL indexem.
Výstup této práce bude analýza jak efektu globalizace na přijímovou nerovnost, tak i metodologie použité v tomto poli výzkumu, především týkající se měření globalizace.
Hlavní zdroje dat budou World Data Bank, Standardized World Income Inequality Database a individuální edice KOF a DHL indexů. Chybějící data budou doplněna pomocí lineární interpolace.
Předběžný obsah:
- Úvod
- Měření nerovnosti
- Měření globalizace
- Normalizace
- Metodologie
- Základní model (tzn. pro všechny země)
- Různé úrovně vyspělosti
- Závěr
Přehled LIteratury:
BERGH, Andreas and NILSSON, Therese, 2010. Do liberalization and globalization increase income inequality? European Journal of Political Economy. Vol. 26. pp. 488-505.
DREHER, Alex, 2006. Does globalization affect growth? Evidence from a new index of globalization. Applied Economics. Vol. 38, Issue 20. pp. 1091–1110.
DREHER, Alex and GASTON, Noel, 2008. Has Globalization Increased Inequality? Review of International Economics. Vol. 16, Issue 3. pp. 516-536.
GALBRAITH, James K. and KUM, Hyunsub, 2002. Inequality and Economic Growth: Data Comparisons and Econometric Tests. University of Texas Inequality Project Working Paper Number 21.
GHEMAWAT, Pankaj and ALTMAN, Steven A., 2014. DHL Global Connectedness Index.
KUZNETS, Simon, 1955. Economic Growth and Income Inequality. The American Economic Review. Vol. 45, Issue 1.
SOLT, Frederic, 2014. The Standardized World Income Inequality Database. Working paper. SWIID Version 5.0.
WOOLDRIDGE, Jeffrey M. 2013. Introductory Econometrics: A Modern Approach. 5th edition. South-Western, Mason, OH: Cengage Learning. 910 p. ISBN 1-111-53104-8.

Předběžná náplň práce v anglickém jazyce

Description of the Thesis:
This thesis will focus mainly on the within-country income inequality in the world. The thesis will attempt to answer questions like:
1) What is the effect of globalization on the income inequality?
2) Does it depend on the level of development of the country?
3) Is the relationship robust or sensitive to measures of the key variables?
4) How do underlying variables influence the effect of composite globalization indices?
5) Is there some evidence of the Kuznets curve?
We will also analyse globalization indices and methodology used in their composition.
The measures of inequality that will be taken into account are mainly Gini coefficients, Theil Index (a wage inequality measure in the manufacturing sector), and Ratio 90:10. Globalization will be then measured by both standard and widely-used KOF globalization index and a recent one, DHL Index.
The outcome of this thesis will be analysis of both the effect of globalization on the income inequality and the methodology used in this field of research, mainly concerning globalization measures.
Main sources of data will be the World Data Bank, the Standardized World Income Inequality Database and individual releases of KOF and DHL globalization indices. Missing data will be treated by linear normalization.
Preliminary content:
- Introduction, problem setting
- Inequality measures
- Globalization measures
- Normalization
- Methodology
- Base model (i.e. for all countries)
- Different levels of development
- Conclusion
Literature overview:
BERGH, Andreas and NILSSON, Therese, 2010. Do liberalization and globalization increase income inequality? European Journal of Political Economy. Vol. 26. pp. 488-505.
DREHER, Alex, 2006. Does globalization affect growth? Evidence from a new index of globalization. Applied Economics. Vol. 38, Issue 20. pp. 1091–1110.
DREHER, Alex and GASTON, Noel, 2008. Has Globalization Increased Inequality? Review of International Economics. Vol. 16, Issue 3. pp. 516-536.
GALBRAITH, James K. and KUM, Hyunsub, 2002. Inequality and Economic Growth: Data Comparisons and Econometric Tests. University of Texas Inequality Project Working Paper Number 21.
GHEMAWAT, Pankaj and ALTMAN, Steven A., 2014. DHL Global Connectedness Index.
KUZNETS, Simon, 1955. Economic Growth and Income Inequality. The American Economic Review. Vol. 45, Issue 1.
SOLT, Frederic, 2014. The Standardized World Income Inequality Database. Working paper. SWIID Version 5.0.
WOOLDRIDGE, Jeffrey M. 2013. Introductory Econometrics: A Modern Approach. 5th edition. South-Western, Mason, OH: Cengage Learning. 910 p. ISBN 1-111-53104-8.