Skip to main content
padlock icon - secure page this page is secure

Why is Income Inequality Increasing in the Developed World?

Buy Article:

$43.00 + tax (Refund Policy)

We address empirically the factors affecting the dynamics of income inequality among industrialized economies. Using a panel for 32 developed countries spanning the last four decades, our results indicate that the predictions of the Stolper–Samuelson theorem concerning the effects of international trade on income inequality find support in the data if we concentrate on imports from developing countries as a trade measure, as theory would imply. We find that democratization, the interaction of technology and education, and changes in the relative power of labor unions affect inequality dynamics robustly.
No References
No Citations
No Supplementary Data
No Article Media
No Metrics

Keywords: D63; F10; FDI; I24; globalization; inequality; institutions; international trade

Document Type: Research Article

Publication date: 01 March 2016

  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more