Income inequality, TFP, and human capital

Detalhes bibliográficos
Autor(a) principal: Sequeira, T. N.
Data de Publicação: 2017
Outros Autores: Santos, M., Ferreira-Lopes, A.
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10071/13109
Resumo: A fruitful recent theoretical literature has related human capital and technological development to income (and wage) inequality. However, empirical assessments on the relationship are relatively scarce. We relate human capital, total factor productivity (TFP) and openness to inequality and discover that, when countries are assumed to be heterogeneous and dependent cross-sections, human capital is the most robust determinant of inequality, contributing to increasing inequality, as predicted by theory. TFP and openness turned out to be non-significantly related to inequality. These results are robust to a number of robustness tests on specifications and data and open up the prospect of theoretical research on the country-specific features conditioning the effect of human capital, technology and trade on inequality.
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spelling Income inequality, TFP, and human capitalIncome inequalityHuman capitalTechnologyA fruitful recent theoretical literature has related human capital and technological development to income (and wage) inequality. However, empirical assessments on the relationship are relatively scarce. We relate human capital, total factor productivity (TFP) and openness to inequality and discover that, when countries are assumed to be heterogeneous and dependent cross-sections, human capital is the most robust determinant of inequality, contributing to increasing inequality, as predicted by theory. TFP and openness turned out to be non-significantly related to inequality. These results are robust to a number of robustness tests on specifications and data and open up the prospect of theoretical research on the country-specific features conditioning the effect of human capital, technology and trade on inequality.Wiley2017-04-21T15:47:35Z2017-01-01T00:00:00Z20172019-03-22T09:54:19Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10071/13109eng0013-024910.1111/1475-4932.12316Sequeira, T. N.Santos, M.Ferreira-Lopes, A.info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-11-09T17:44:58Zoai:repositorio.iscte-iul.pt:10071/13109Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T22:21:24.099042Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Income inequality, TFP, and human capital
title Income inequality, TFP, and human capital
spellingShingle Income inequality, TFP, and human capital
Sequeira, T. N.
Income inequality
Human capital
Technology
title_short Income inequality, TFP, and human capital
title_full Income inequality, TFP, and human capital
title_fullStr Income inequality, TFP, and human capital
title_full_unstemmed Income inequality, TFP, and human capital
title_sort Income inequality, TFP, and human capital
author Sequeira, T. N.
author_facet Sequeira, T. N.
Santos, M.
Ferreira-Lopes, A.
author_role author
author2 Santos, M.
Ferreira-Lopes, A.
author2_role author
author
dc.contributor.author.fl_str_mv Sequeira, T. N.
Santos, M.
Ferreira-Lopes, A.
dc.subject.por.fl_str_mv Income inequality
Human capital
Technology
topic Income inequality
Human capital
Technology
description A fruitful recent theoretical literature has related human capital and technological development to income (and wage) inequality. However, empirical assessments on the relationship are relatively scarce. We relate human capital, total factor productivity (TFP) and openness to inequality and discover that, when countries are assumed to be heterogeneous and dependent cross-sections, human capital is the most robust determinant of inequality, contributing to increasing inequality, as predicted by theory. TFP and openness turned out to be non-significantly related to inequality. These results are robust to a number of robustness tests on specifications and data and open up the prospect of theoretical research on the country-specific features conditioning the effect of human capital, technology and trade on inequality.
publishDate 2017
dc.date.none.fl_str_mv 2017-04-21T15:47:35Z
2017-01-01T00:00:00Z
2017
2019-03-22T09:54:19Z
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dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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dc.identifier.uri.fl_str_mv http://hdl.handle.net/10071/13109
url http://hdl.handle.net/10071/13109
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10.1111/1475-4932.12316
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dc.publisher.none.fl_str_mv Wiley
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