Distributional Consequences of Globalisation: Empirical Evidence from Panel Data
利用大型面板数据研究全球化对跨国不平等的影响，发现地理位置和资本是主要决定因素，贸易和外资贡献很小（约4%），全球化并非驱动不平等的重要因素。
Abstract This paper investigates the impact of globalisation on cross-country inequality using a large panel dataset. The findings reveal that location and capital are the main determinants of inequality; trade intensity and foreign direct investment make only a small contribution (approximately 4%). The relative contributions of trade and foreign direct investment to inequality have changed little over time and have certainly not increased at the same rate as the rise in global trade and investment activity. Hence, globalisation does not emerge as a significant factor in driving cross-country inequality. Differences emerge when countries are grouped by relative income, but the main findings persist.