Browsing 1.03 Southeast Asia & China Context by Subject "Gloablization"
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Education, Globalization, and Income Inequality in Asia
(Asian Development Bank Institute, 2017-05)
This study considers how education and globalization affect income inequality in Asia, with unbalanced panel data. The evidence supports the validity of Kuznets’ inverted-U hypothesis for the connection between income level and income inequality. However, when more variables are integrated into the model, the consistency of the inverse U-shaped curve becomes weaker. The empirical results suggest that educational variables are highly influential in affecting income distribution. Our analysis indicates that a higher level of education achieved by ...