Globalization
Davod Alirezazadeh Sadaghiani; Samad Hekmati Farid; Kiumars Shahbazi; Seyed Jamaledin Mohseni Zonozi
Abstract
Globalization is an undeniable phenomenon in the current era and different theories of globalization-economic growth show that there is no theoretical agreement in this regard and there are many supporters and oppositions in this field. Considering that, firstly, globalization has different aspects including ...
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Globalization is an undeniable phenomenon in the current era and different theories of globalization-economic growth show that there is no theoretical agreement in this regard and there are many supporters and oppositions in this field. Considering that, firstly, globalization has different aspects including economic, cultural and political. Second, the effects of globalization are different in developing and developed countries and thirdly, according to the theoretical point of view, the effect of globalization on economic growth varies over time. Therefore, in the present study, using the time-varying non-parametric panel data model and applying three different aspects of economic, cultural and political globalization KOF index, we consider the de facto and de jure effects of the mentioned index. It has been investigated the different effects of globalization over time on the GDP per capita of countries with high per capita income (28 countries) and middle per capita income (36 countries).The results of estimating the model used in this research based on the local linear dummy variable method for time-varying non-parametric panel data showed that except for the first few years in the period from 1980 to 2019, the economic globalization index has increased the per capita income of countries with high per capita income. However, the index of economic globalization in countries with middle per capita income had a positive effect on per capita income only in the years 1996 to 2008, and had a negative effect on it in the rest of the years. Also by dividing globalization into de facto and de jure aspects determined both de facto and de jure aspects of economic globalization during the period from 1980 to 2019 on average have led to economic growth in countries with high per capita income. But de jure aspects of economic globalization almost had a positive effect on the economic growth of countries with middle per capita income especially after 1995 to 2019 and economic globalization has a negative effect on the economic growth of these types of countries from a de facto aspect in most of the investigated years.
Hasan Sadeghi; Majid Sameti; Morteza Sameti
Volume 2, Issue 6 , May 2012, , Pages 249-209
Abstract
Economic development programs, especially in developing countries, as much as national economies interaction with the global economy, are affected ...
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Economic development programs, especially in developing countries, as much as national economies interaction with the global economy, are affected by economic globalization process. It has also been shown that the national economies, are seriously affected by this phenomenon. Economic development at the national level, without the active interaction with the global economy suffers a serious challenge. On the other hand, the development programs in developing countries are influenced by the size of government. Towards globalization, governments should take actions to create and promote a competitive environment. In too many studies, the impact of globalization on government size has been analyzed but the results have not been the same. In this paper, using panel data and econometric methods, the effects of globalization on the size of government in selected Asian countries (Indonesia, Thailand, Philippines, Malaysia and Iran) have been studied. The results show that economic globalization has not reduced the size of government in these selected countries.