Economic complexity, human capital and income inequality: a cross-country analysis
Allbwn ymchwil: Cyfraniad at gyfnodolyn › Erthygl › adolygiad gan gymheiriaid
Fersiynau electronig
Dangosydd eitem ddigidol (DOI)
This paper investigates the relationship between economic complexity, a measure of economic structures, and income inequality. Using cross-country OLS regression analysis, we show that countries with economic structures geared toward complex products have less inequality. Human capital is found to magnify this correlation but with subtle interaction effects. Concerns about endogeneity bias in the OLS estimates stemming from reverse causality motivate us to estimate a dynamic panel data model, using a system GMM estimator. From the system GMM estimates we find that an increase in economic complexity provokes higher inequality, not less.
| Iaith wreiddiol | Saesneg |
|---|---|
| Tudalennau (o-i) | 695-718 |
| Nifer y tudalennau | 24 |
| Cyfnodolyn | Japanese Economic Review |
| Cyfrol | 71 |
| Rhif y cyfnodolyn | 4 |
| Dyddiad ar-lein cynnar | 10 Rhag 2019 |
| Dynodwyr Gwrthrych Digidol (DOIs) | |
| Statws | Cyhoeddwyd - Hyd 2020 |
| Cyhoeddwyd yn allanol | Ie |