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September 19, 2025Economics of Contemporary RussiaOpen Access

The Impact of Globalization on Inequality between the Countries: An Econometric Model

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Authors

AKArthur A. Kazarian

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Overview

Econometric modeling reveals rising inequality from globalization between developed and developing countries.

Key Points

  • The study confirms that globalization primarily benefits developed countries, increasing inequality.
  • Evidence from a model using panel data from 116 countries shows socioeconomic indicators like GNI and unemployment.
  • This research utilized a system of two simultaneous equations with fixed effects to analyze data from 1994 to 2023.
  • Findings indicate the model can further assess globalization's varied impacts on different socioeconomic regions.

Cite This Study

Arthur A. Kazarian (2025) studied this question.

synapsesocial.com/papers/68d46fbd31b076d99fa696achttps://doi.org/10.33293/1609-1442-2025-28(3)-14-25
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