Panel Paper: Opposing Inequality: Globalization and the State

Saturday, November 9, 2013 : 2:25 PM
DuPont Ballroom F (Washington Marriott)

*Names in bold indicate Presenter

Joshua Pryor, University of Hawaii at Manoa
Globalization is often identified as an important factor that increases economic inequality. Using the KOF globalization index, the Standardized World Income Inequality database, and a new database from the University of Texas Inequality Project,  the analysis of inequality and globalization is expanded to include different types of government regimes. Using a combination of pooled and fixed effect data analysis, several models demonstrate that while globalization does indeed increase inequality, states with policies that redistribute wealth can nullify globalization’s effect.