Unlinking causally economic complexity and income inequality (Master thesis)
Existing studies establish a significant negative effect of economic complexity on income inequality. They support that countries producing complex products have lower levels of income inequality. We examine the impact of economic complexity on income inequality using panel data for 227 countries, for the period 1960-2016. We present fixed effects and 2SLS/IV estimates that show no evidence of a clear cut causal effect. Moreover, we show that a negative correlation may be apparent but there is no evidence of causation. Finally, even when there is evidence of a causal relationship between economic complexity and income inequality, it seems to be a positive one.
|Institution and School/Department of submitter:||Πανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημών|
|Keywords:||Εconomic complexity,Ιncome inequality,Ιnstitutions,Οικονομική πολυπλοκότητα,Εισοδηματική ανισότητα,Θεσμοί|
|Appears in Collections:||Διατριβές Μεταπτυχιακής Έρευνας (Masters)|
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|Μ.Ε. ΚΑΠΑΡΤΖΑΝΗΣ ΠΑΝΑΓΙΩΤΗΣ 2018.pdf||1.62 MB||Adobe PDF||View/Open|
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