THE IMPACT OF TRADE OPENNESS ON INCOME INEQUALITY IN THE FORMER CENTRALLY PLANNED MIDDLE–INCOME ECONOMIES

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dc.contributor.authorSarıgül, Haşmet
dc.date.accessioned2025-03-26T13:52:47Z
dc.date.available2025-03-26T13:52:47Z
dc.date.issued2024
dc.departmentİstanbul Esenyurt Üniversitesi, Fakülteler, İşletme ve Yönetim Bilimleri Fakültesi, Uluslararası Ticaret ve Finansman Bölümü
dc.description.abstractThis study investigates the association between trade openness and income inequality in the former centrally planned middle–income economies over the period 1994–2019. Apart from the full sample, the EU member or candidate middle–income Balkan economies, and the middle–income CIS countries subsamples were used in estimations as benchmark. Foreign direct investment, inflation, government expenditures and gross fixed capital formation control variables are incorporated into the PMG–ARDL model used in the study. Although some individual country or a few panel studies in the literature have investigated the relationship between trade openness and income inequality, to the best of our knowledge, none have examined these issues focusing on the middle–income post-communist economies and its subgroups particularly. The PMG estimation results for the sample including the middle–income Balkan economies reveal that within 1% increase of trade openness, income inequality worsens by 0.27. We suggest these countries to strengthen their income redistribution strategies while pursuing policies that promote integration into the global market.
dc.identifier.doi10.11611/yead.1199048
dc.identifier.doihttps://doi.org/10.11611/yead.1199048
dc.identifier.issn2148-029X
dc.identifier.issn2148-029X
dc.identifier.issue1
dc.identifier.startpage45680
dc.identifier.urihttps://hdl.handle.net/20.500.14704/251
dc.identifier.volume22
dc.institutionauthorSarıgül, Haşmet
dc.language.isoen
dc.publisherBandirma Onyedi Eylul University
dc.relation.ispartofYönetim ve Ekonomi Araştırmaları Dergisi
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_DergiPark_20250326
dc.subjectTransition Economies
dc.subjectTrade Openness
dc.subjectIncome Inequality
dc.subjectPanel ARDL
dc.titleTHE IMPACT OF TRADE OPENNESS ON INCOME INEQUALITY IN THE FORMER CENTRALLY PLANNED MIDDLE–INCOME ECONOMIES
dc.typeReview Article

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