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    Education, Globalization, and Income Inequality in Asia

    Park, Kang H. | May 2017
    Abstract
    This study considers how education and globalization affect income inequality in Asia, with unbalanced panel data. The evidence supports the validity of Kuznets’ inverted-U hypothesis for the connection between income level and income inequality. However, when more variables are integrated into the model, the consistency of the inverse U-shaped curve becomes weaker. The empirical results suggest that educational variables are highly influential in affecting income distribution. Our analysis indicates that a higher level of education achieved by the population aged 15 and over has improved income distribution in Asia, while educational inequality, measured by the education Gini index, has a negative effect on income distribution. Higher levels of globalization are correlated with higher levels of income inequality, while freedom, either political or economic, has marginal effects on the level of inequity in income distribution.
    Citation
    Park, Kang H.. 2017. Education, Globalization, and Income Inequality in Asia. © Asian Development Bank Institute. http://hdl.handle.net/11540/7172.
    Keywords
    Comparative Analysis
    Preschool education
    Basic education
    Educational policy
    Sociological Analysis
    Sex Discrimination
    Equal Opportunity
    Women's Rights
    Gender
    Gender Equality
    Women's Education
    Public Education
    Equity In Education
    Educational Statistics
    Gender Bias
    Gender Inequality
    Gender Policy
    Gender Discrimination
    Primary school supervision
    Discrimination in higher education
    Elementary education
    Literacy
    School environment
    Right to education
    Educational evaluation
    Gender-based analysis
    Sex dicrimination against women
    Equal rights
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    Citable URI
    http://hdl.handle.net/11540/7172
    Metadata
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    Thumbnail
    adbi-wp732.pdf (581.3Kb)
    Author
    Park, Kang H.
    Theme
    Education
    Gender
    Labor Migration
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise