The Effect of Knowledge Components on the Inequality of Global Wealth Distribution (in Persian)

Abolfazl Shahabadi (), Mina Kheshtmal Nasrani and Ali Moradi
Additional contact information
Abolfazl Shahabadi: Department of Economics, Faculty of Social Science and Economics, Alzahra University, Tehran, Iran.
Mina Kheshtmal Nasrani: M.A Student in Business Management, Islamic Azad University, Branch Electronic, Tehran, Iran.
Ali Moradi: M.A in Economics, Islamic Azad University, Branch Arak, Iran.

The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی و بودجه), 2020, vol. 24, issue 4, 75-96

Abstract: Inequality in global wealth distribution has led to a growing gap between developing and developed countries with regards to income levels, consumption rates, and living standards. In view of that, the difference between these two groups of countries in terms of levels of knowledge and technology infrastructure, human capital, and innovation-based production has been cited as the main reason for inequality in the distribution of global wealth. The present study examines the effect of knowledge components on the inequality of global wealth distribution in the selected leading countries in science, implementing the approach of panel data and the use of generalized moment method for the period 2010-2017. The estimated results demonstrate that the effect of components of economic incentives, institutional regimes, and information and communication technology infrastructure on the inequality of global wealth distribution for the selected countries is negative and significant. Nonetheless, the effect of components of the innovation system, education, and development of human resources on the inequality of global wealth distribution is positive and significant. In addition, the effect of control variables, such as main globalization index and economic globalization, on the inequality of global wealth distribution for the selected countries is positive and significant; Also, the effect of social globalization and political globalization on the inequality of global wealth distribution is not significant.

Keywords: Wealth Inequality; Knowledge Components; Economic Globalization; Social Globalization; Political Globalization. (search for similar items in EconPapers)
JEL-codes: D31 D83 F60 (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://jpbud.ir/article-1-1910-en.pdf (application/pdf)
http://jpbud.ir/article-1-1910-en.html (text/html)
http://jpbud.ir/article-1-1910-fa.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:auv:jipbud:v:24:y:2020:i:4:p:75-96

Access Statistics for this article

More articles in The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی و بودجه) from Institute for Management and Planning studies Contact information at EDIRC.
Bibliographic data for series maintained by Nahid Jebeli ( this e-mail address is bad, please contact ).