Peripherality, income inequality, and economic development in Latin American countries
Peripherality, income inequality, and economic development in Latin American countries
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拉丁美洲国家的外围、收入不平等和经济发展
DOI：
10.1080/13600818.2021.1880559
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发表时间：
2021
影响因子：
1.3
通讯作者：
Hamaguchi Nobuaki
中科院分区：
文献类型：
--
作者：
Murakami Yoshimichi;Hamaguchi Nobuaki
本研究从新结构主义的角度提出了拉丁美洲国家的发展难题：边缘性（贸易条件波动性增加和技术落后）、收入不平等和人均收入之间的三角关系。我们采用三阶段最小二乘法（3SLS）的联立方程模型来分析这种三角关系。我们发现，在1995年至2014年期间，收入不平等的减少和人均收入的增加在14个拉克中相互促进。虽然技术进步增加了人均收入，但它通过增加收入不平等而部分缓解了这种增长。此外，在技术能力较高的国家，外国技术来源，包括外国直接投资对收入不平等的影响越来越大。虽然商品贸易条件的改善提高了南美国家的人均收入，减少了收入不平等，但其波动性大多微不足道。
Following a neo-structuralist perspective, this study presents a development puzzle for Latin American countries (LACs): a triangular relation amongst peripherality (increased terms-of-trade volatility and technological backwardness), income inequality, and per-capita income. We employ a simultaneous equation model using three-stage least squares (3SLS) to analyse this triangular relation. We find that a decrease in income inequality and an increase in per-capita income were mutually reinforcing in 14 LACs between 1995 and 2014. Although technological progress increases per-capita income, it partly mitigates this increase by increasing income inequality. Additionally, the increasing effects of foreign sources of technology, including foreign direct investment (FDI), on income inequality are mitigated in countries with higher technological capabilities. While an improvement in commodity terms-of-trade expectedly increases per-capita income and decreases income inequality in South American countries, their volatility is mostly insignificant.