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.
Samad Hekmati Farid; Ahmad Ezzati Shoorgoli; Reza Ezzati; Ali Dehghani
Volume 5, Issue 18 , March 2015, , Pages 112-95
Abstract
This paper examines the relationship between control of corruption and globalization (with various aspects) on economic growth in countries with high per capita income, middle per capita income, and low per capita income over the period (2002-2010) using panel data from113 different countries. According ...
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This paper examines the relationship between control of corruption and globalization (with various aspects) on economic growth in countries with high per capita income, middle per capita income, and low per capita income over the period (2002-2010) using panel data from113 different countries. According to the results of the various models, there is an inverted U relationship between control of corruption and economic growth. Moreover, the relationship between economic globalization and economic growth in countries with low per capita income is negative and significant. Also, social globalization in these countries has a negative impact on economic growth. However, overall index of globalization and political globalization has a positive impact on economic growth in these countries. Furthermore, in countries with high per capita income and middle per capita income, the impact of the three indicators of globalization (economic, social and political) and the overall index of globalization on economic growth is positive and significant.
Batool Rafat; Saeedeh Beyk Zadeh
Volume 2, Issue 8 , December 2012, , Pages 22-9
Abstract
Economic integration is one of the most challenging issues of the countries in present time on which there are many disagreements. Investigating its effects and consequences from different views including, political, economic, social, and cultural aspects has attracted many scientists, economists, and ...
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Economic integration is one of the most challenging issues of the countries in present time on which there are many disagreements. Investigating its effects and consequences from different views including, political, economic, social, and cultural aspects has attracted many scientists, economists, and cultural workers across the world. These investigations need quantification and exertion of proper indices for measuring this phenomenon. By introducing globalization index of KOF, this paper tries to represent its effects on economic growth and employment rate among ECO, simultaneously. We use international data during 2001-2010 and gravity model was evaluated by panel data method in this paper. Also for simultaneous analysis, 2 SLS method was used. The results show that gross productions of ECO countries have had a positive and significant effect on the rate of bilateral trade among the countries . Trade effects on economic growth of their countries has been proved to be positive and significant as well. Employment had positive and significant effects on economic growth .
