publication . Research . 2017

Education, globalization, and income inequality in Asia

Park, Kang Hoon;
Open Access English
  • Published: 01 Jan 2017
  • Publisher: Tokyo: Asian Development Bank Institute (ADBI)
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...
free text keywords: C21, D31, I24, N35, education inequality, globalization, income inequality, ddc:330
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Research . 2017
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