SavedAdd your journal

Journals / İstanbul İktisat Dergisi / 2016 / Cilt: 66 - Sayı: 1

INCOME INEQUALITY AND INNOVATIVENESS: AN APPLICATION FOR EUROPEAN COUNTRIES

Halil TUNALI
Fatih ŞAHAN
Pages
67–82
Publication Date
2016-06-01
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The results suggest that, technological progress occurred in EU countries works to the detriment of people who hold the top income shares.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The major aim of this paper is to elaborate the relationship between tech- nological change and income distribution for 18 developed EU countries.
📊
Key Findings & Data:A panel data model is estimated for the data covering the period between 1999-2014.
💡
Conclusion & Impact:The results suggest that, technological progress occurred in EU countries works to the detriment of people who hold the top income shares.
🔬Design:Modeling & Simulation
📍Scope:2014 Verileri
⚙️Variables:Technological Change · Income Distribution · Panel Data Model

Abstract

The major aim of this paper is to elaborate the relationship between tech- nological change and income distribution for 18 developed EU countries. A panel data model is estimated for the data covering the period between 1999-2014. The results suggest that, technological progress occurred in EU countries works to the detriment of people who hold the top income shares. Moreover, the institutional variable is found to increase income inequality. The results underline some important lessons for developing countries.

Özet

The major aim of this paper is to elaborate the relationship between tech- nological change and income distribution for 18 developed EU countries. A panel data model is estimated for the data covering the period between 1999-2014. The results suggest that, technological progress occurred in EU countries works to the detriment of people who hold the top income shares. Moreover, the institutional variable is found to increase income inequality. The results underline some important lessons for developing countries.

🔖

Cite This Article

TUNALI, H., ŞAHAN, F. (2016). INCOME INEQUALITY AND INNOVATIVENESS: AN APPLICATION FOR EUROPEAN COUNTRIES. İstanbul İktisat Dergisi, Cilt: 66 - Sayı: 1, 67–82. https://ajindex.com/articles/243914

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (11)

  1. Acemoglu, D. (1998). Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality. The Quarterly Journal of Economics, 113(4), 1055–1089. http://doi. org/10.1162/003355398555838 Acemoglu, D., Johnson, S., & Robinson, J. A. (2001). The colonial origins of comparative. The Economics of Cultural Transmission and the Evolution of Preferences,” The American Economic Review,91( 5) (Dec., 2001), pp. 1369-1401
  2. Acemoglu, D. (2002). Cross-country Inequality Trends. NBER Working Paper No.8832, Adams, S. (2008). Globalization and income inequality: Implications for Intellectual Property Rights. Journal of Policy Modeling, 30(5), 725– 735. Aghion, P., Akcigit, U., Bergeaud, A., Blundel,B. &Hemous,D. (2015). Innovation and Top Income Inequality. NBER Working Paper No: 21247. Antonelli, C., & Gehringer, A. (2013). Innovation and income inequality (No. 201324). University of Turin. Baltagi, B. H. (2008). Econometric Analysis of Panel Data (Fourth ed.). Chichester, UK: John Wiley& Sons Ltd. Brito, D. L., & Intriligator, M. D. (1981). The impact of technological change on the distribution of labor income. Department of Economics, University of California Working Paper No. 644. Caselli, F. (1999). Technological revolutions. American Economic Review, 89,78-102.
  3. Clark, T. S., & Linzer, D. A. (2015). Should I use fixed or random effects?. Political Science Research and Methods, 3(02), 399-408.
  4. Ellis, L. & Kathryn S. (2007), “The Global Upward Trend in the Profit Share,” Basel, Bank for International Settlement, Working Paper No. 231.v Eurostat., (2005),
  5. Eurostat Database, Retrieved from http://ec.europa.eu/ eurostat/data/database (Last Accession Date:29.11.2015)
  6. Stockhammer., E. (2009). Determinants of functional Income distribution in OECD countries.IMK Study, No. 5/2009, http://nbn-resolving.de/ (Last Accession Date: 29.11.2015)
  7. Esquivel, G., & Rodríguez-López, J. A. (2003). Technology, trade, and wage inequality in Mexico before and after NAFTA. Journal of Development Economics, 72(2), 543–565. http://doi.org/10.1016/ S0304-3878(03)00119-6
  8. European Commission. (2007). The Labour Income Share in the European Union. Employment in Europe, 237–272.
  9. Forbes, K. J. (2000). A Reassessment of the Relationship Between Inequaiity and Growth. The American Economic Review, 90(1995), 869–887.
  10. Gancia, G. (2012).
  11. Globalization, Technology and Inequality. Els Opuscles del Crei, Barcelona, Online Available http://repositori.upf.edu/ bitstream/handle/10230/20832/1