Trade and income distribution: Is natural disaster an actor?

This paper examines the impact of trade on household income inequality (measured using Gini index) under the condition of disaster (measured using various proxies). The paper uses panel regression on a balanced dataset of 48 countries for 2011-2017 to estimate the impacts, with data combined from Wo...

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Autores principales: Doan Ho Dan Tam, Nguyen Phuc Phuong Vy, Nguyen Thi Xuan Tham, Hoang Thi Ngoc Thang
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Lenguaje:EN
Publicado: HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE 2021
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Acceso en línea:https://doaj.org/article/0b7f5080a1304181a865d14f8bca0928
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spelling oai:doaj.org-article:0b7f5080a1304181a865d14f8bca09282021-11-15T08:41:03ZTrade and income distribution: Is natural disaster an actor?2734-93142734-958610.46223/HCMCOUJS.econ.en.11.1.1328.2021https://doaj.org/article/0b7f5080a1304181a865d14f8bca09282021-02-01T00:00:00Zhttps://journalofscience.ou.edu.vn/index.php/econ-en/article/view/1328https://doaj.org/toc/2734-9314https://doaj.org/toc/2734-9586This paper examines the impact of trade on household income inequality (measured using Gini index) under the condition of disaster (measured using various proxies). The paper uses panel regression on a balanced dataset of 48 countries for 2011-2017 to estimate the impacts, with data combined from World Development Indicators, World Income Inequality Database, and World Risk Report. Various robustness checks are also carried out. The results show that trade does not have any impact on inequality on its own. However, with the existence of disaster, the increase of trade leads to higher income inequality. Finally, the effects are stable when disaster is measured using Composite index or Vulnerability component but becomes not clear when using Exposure component, suggesting that it is vulnerability the main factor that moderates the impact of trade on income inequality.Doan Ho Dan TamNguyen Phuc Phuong VyNguyen Thi Xuan ThamHoang Thi Ngoc ThangHO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCEarticletradeincome distributioninequalitydisastervulnerabilitypanel dataEconomic theory. DemographyHB1-3840ENHo Chi Minh City Open University Journal of Science - Economics and Business Administration, Vol 11, Iss 1, Pp 60-72 (2021)
institution DOAJ
collection DOAJ
language EN
topic trade
income distribution
inequality
disaster
vulnerability
panel data
Economic theory. Demography
HB1-3840
spellingShingle trade
income distribution
inequality
disaster
vulnerability
panel data
Economic theory. Demography
HB1-3840
Doan Ho Dan Tam
Nguyen Phuc Phuong Vy
Nguyen Thi Xuan Tham
Hoang Thi Ngoc Thang
Trade and income distribution: Is natural disaster an actor?
description This paper examines the impact of trade on household income inequality (measured using Gini index) under the condition of disaster (measured using various proxies). The paper uses panel regression on a balanced dataset of 48 countries for 2011-2017 to estimate the impacts, with data combined from World Development Indicators, World Income Inequality Database, and World Risk Report. Various robustness checks are also carried out. The results show that trade does not have any impact on inequality on its own. However, with the existence of disaster, the increase of trade leads to higher income inequality. Finally, the effects are stable when disaster is measured using Composite index or Vulnerability component but becomes not clear when using Exposure component, suggesting that it is vulnerability the main factor that moderates the impact of trade on income inequality.
format article
author Doan Ho Dan Tam
Nguyen Phuc Phuong Vy
Nguyen Thi Xuan Tham
Hoang Thi Ngoc Thang
author_facet Doan Ho Dan Tam
Nguyen Phuc Phuong Vy
Nguyen Thi Xuan Tham
Hoang Thi Ngoc Thang
author_sort Doan Ho Dan Tam
title Trade and income distribution: Is natural disaster an actor?
title_short Trade and income distribution: Is natural disaster an actor?
title_full Trade and income distribution: Is natural disaster an actor?
title_fullStr Trade and income distribution: Is natural disaster an actor?
title_full_unstemmed Trade and income distribution: Is natural disaster an actor?
title_sort trade and income distribution: is natural disaster an actor?
publisher HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE
publishDate 2021
url https://doaj.org/article/0b7f5080a1304181a865d14f8bca0928
work_keys_str_mv AT doanhodantam tradeandincomedistributionisnaturaldisasteranactor
AT nguyenphucphuongvy tradeandincomedistributionisnaturaldisasteranactor
AT nguyenthixuantham tradeandincomedistributionisnaturaldisasteranactor
AT hoangthingocthang tradeandincomedistributionisnaturaldisasteranactor
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