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Publication
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| Research Title |
Unraveling Income Inequality Patterns in Asian Nations through a Panel Study Examining the Impact of Globalization, Technology Adoption, Research and Development, and Human Capital |
| Date of Distribution |
4 April 2024 |
| Conference |
| Title of the Conference |
SIBR-Thammasat 2024 Conference on Interdisciplinary Business and Economics Research |
| Organiser |
Society of Interdisciplinary Business Research |
| Conference Place |
Arize Hotel Sukhumvit |
| Province/State |
Bangkok |
| Conference Date |
30 March 2024 |
| To |
31 March 2024 |
| Proceeding Paper |
| Volume |
Volume 14 (2024) |
| Issue |
Issue 2 (March) |
| Page |
ISSN: 2223-5078 |
| Editors/edition/publisher |
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| Abstract |
Income inequality has become a significant global concern, particularly in Asian nations
in recent times. While Asia has witnessed remarkable economic growth, there has also been a
corresponding increase in income inequality. This poses a challenge for both society and the
economy in maintaining stability, demanding the attention of researchers and policymakers. The
objective of this study is to examine how factors such as globalization, research and
development, technology adoption, and human capital development influence income inequality.
Additionally, it aims to compare income inequality between ASEAN and non-ASEAN regions.
Data from various sources were utilized for nineteen Asian countries, including Armenia, China,
Georgia, India, Indonesia, Iran, Jordan, Kazakhstan, Korea Republic, Kyrgyz Republic,
Malaysia, Mongolia, Myanmar, Pakistan, Philippines, Thailand, Turkey, Uzbekistan, and
Vietnam. The data covers the period from 2001 to 2020 and is sourced from the World Bank, the
KOF globalization index1, and the United Nations Development Programme. To explore the
relationships between these factors, we employed a method known as the panel data Random
Effects Model. The results indicate that globalization, research and development, and technology
adoption have a positive impact on reducing income inequality. This suggests that these factors
can effectively contribute to greater income equality in Asian countries. However, when it comes
to human capital development, it appears to exacerbate income inequality, presenting a challenge
that requires attention. The findings of this study offer valuable insights for policymakers
endeavoring to devise strategies to promote income equality in their respective countries. |
| Author |
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| Peer Review Status |
มีผู้ประเมินอิสระ |
| Level of Conference |
นานาชาติ |
| Type of Proceeding |
Full paper |
| Type of Presentation |
Oral |
| Part of thesis |
true |
| ใช้สำหรับสำเร็จการศึกษา |
ไม่เป็น |
| Presentation awarding |
false |
| Attach file |
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| Citation |
0
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Journal Publication
ไทย