A note on globalization and income distribution - The case of Korea, 1975-1995

Jai S. Mah

doi:10.1016/S1049-0078(02)00244-0

A note on globalization and income distribution - The case of Korea, 1975-1995

Jai S. Mah

International Studies

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30 Scopus citations

Abstract

This paper evaluates the hypotheses concerning the impact of globalization on income distribution in Korea. The regression results based on annual data covering the period 1975-1995 show that there is a weak evidence supporting the Kuznets hypothesis. The turning point in the Korean economy is revealed to be between around US $5000 and US $6000. Neither changes in the openness ratios regardless of the measures nor those in the FDI inflows are revealed to be significant in influencing the Gini coefficients. That is, globalization does not influence income distribution in Korea.

Original language	English
Pages (from-to)	157-164
Number of pages	8
Journal	Journal of Asian Economics
Volume	14
Issue number	1
DOIs	https://doi.org/10.1016/S1049-0078(02)00244-0
State	Published - Feb 2003

Keywords

Globalization
Income distribution
Kuznets hypothesis

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title = "A note on globalization and income distribution - The case of Korea, 1975-1995",

abstract = "This paper evaluates the hypotheses concerning the impact of globalization on income distribution in Korea. The regression results based on annual data covering the period 1975-1995 show that there is a weak evidence supporting the Kuznets hypothesis. The turning point in the Korean economy is revealed to be between around US $5000 and US $6000. Neither changes in the openness ratios regardless of the measures nor those in the FDI inflows are revealed to be significant in influencing the Gini coefficients. That is, globalization does not influence income distribution in Korea.",

keywords = "Globalization, Income distribution, Kuznets hypothesis",

author = "Mah, {Jai S.}",

note = "Funding Information: I wish to express my since thanks to the anonymous referees and the editor of this Journal for very helpful comments on the earlier version of this paper. This was financially supported by Korea Research Foundation (2000-041-C00194). ",

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N2 - This paper evaluates the hypotheses concerning the impact of globalization on income distribution in Korea. The regression results based on annual data covering the period 1975-1995 show that there is a weak evidence supporting the Kuznets hypothesis. The turning point in the Korean economy is revealed to be between around US $5000 and US $6000. Neither changes in the openness ratios regardless of the measures nor those in the FDI inflows are revealed to be significant in influencing the Gini coefficients. That is, globalization does not influence income distribution in Korea.

AB - This paper evaluates the hypotheses concerning the impact of globalization on income distribution in Korea. The regression results based on annual data covering the period 1975-1995 show that there is a weak evidence supporting the Kuznets hypothesis. The turning point in the Korean economy is revealed to be between around US $5000 and US $6000. Neither changes in the openness ratios regardless of the measures nor those in the FDI inflows are revealed to be significant in influencing the Gini coefficients. That is, globalization does not influence income distribution in Korea.

KW - Globalization

KW - Income distribution

KW - Kuznets hypothesis

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JO - Journal of Asian Economics

JF - Journal of Asian Economics

SN - 1049-0078

IS - 1

ER -

A note on globalization and income distribution - The case of Korea, 1975-1995

Abstract

Keywords

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