Open AccessStudy on the Impact of Cross-border Capital Flows on Income Inequality
Author(s) -
Ziyi Huang,
Wenguo He,
Yue Chen
Publication year - 2022
Publication title -
frontiers in business, economics and management
Language(s) - English
Resource type - Journals
ISSN - 2766-824X
DOI - 10.54097/fbem.v3i3.299
Subject(s) - globalization , inequality , economics , economic inequality , capital flows , capital (architecture) , income inequality metrics , income distribution , commodity , panel data , development economics , macroeconomics , econometrics , market economy , geography , liberalization , mathematical analysis , mathematics , archaeology
The impact of economic globalization on income inequality has always been the focus of development economics research. The process of globalization in the past few decades shows that economic globalization is mainly the globalization of commodity trade and the globalization of capital flow. This paper mainly studies the impact of cross-border capital flows on income inequality, using cross-border panel data from 109 countries or regions from 1973 to 2015, and using the systematic GMM method to study the impact of cross-border capital flows on income inequality under different financial depths, and finally put forward policy recommendations to improve income inequality.