KÜRESELLEŞMENİN GELİR EŞİTSİZLİĞİ ÜZERİNDEKİ ETKİSİ: G7 ÜLKELERİ PANEL VERİ ANALİZİ
EFFECT OF GLOBALIZATION ON INCOME INEQUALITY: PANEL DATA ANALYSIS OF G7 COUNTRIES

Summary/Abstract: The aim of this study is to examine the effect of increase in globalization on income distribution within the context of G7 countries. For this purpose, the relationship from 2003 and 2013 globalization and liberalization data and income inequality were analysed by panel data analysis. The results of the study revealed that globalization variable was negative sign and statistically significant at 95% confidence level. Accordingly, one-unit increase in globalization will reduce income inequality by 0.59. This result supports the hypothesis that the increase in globalization will reduce income inequality. In the study, a statistically significant relationship was reached 95% confidence level between the income inequality and capital deficit variable which was determined as control variable. In addition, the other control variable in the study, the gross domestic product variable, was found to be statistically significant at 90% confidence level.

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