{"title":"发展中亚洲的多维自由市场和收入不平等:治理质量如何重要?","authors":"Cong Minh Huynh, Quoc Nha Le","doi":"10.1111/issj.12435","DOIUrl":null,"url":null,"abstract":"This paper empirically examines how a free market, a governance quality, and their interaction simultaneously affect income inequality in 23 Asian developing countries over the period 2000-2019. Especially, different dimensions of a free market proxied by various components of economic freedom are analysed. Results show that the overall economic freedom and three of its components including labour freedom, trade freedom, and investment freedom reduce income inequality; but other components including business freedom, monetary freedom, and financial freedom widen income inequality. Meanwhile, the governance quality not only decreases income inequality, but also intensifies the beneficial impacts of the overall economic freedom and those respective components of economic freedom on income equality. Notably, at certain thresholds of governance quality, the detrimental impacts of business freedom, monetary freedom, and financial freedom on income equality turn into the advantageous ones. The findings consolidate the appropriate combination of free market with specific dimensions and the governance quality in boosting the equality of income distribution in Asian developing countries.","PeriodicalId":35727,"journal":{"name":"International Social Science Journal","volume":"30 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2023-05-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"A multidimensional free market and income inequality in developing Asia: How does the quality of governance matter?\",\"authors\":\"Cong Minh Huynh, Quoc Nha Le\",\"doi\":\"10.1111/issj.12435\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper empirically examines how a free market, a governance quality, and their interaction simultaneously affect income inequality in 23 Asian developing countries over the period 2000-2019. Especially, different dimensions of a free market proxied by various components of economic freedom are analysed. Results show that the overall economic freedom and three of its components including labour freedom, trade freedom, and investment freedom reduce income inequality; but other components including business freedom, monetary freedom, and financial freedom widen income inequality. Meanwhile, the governance quality not only decreases income inequality, but also intensifies the beneficial impacts of the overall economic freedom and those respective components of economic freedom on income equality. Notably, at certain thresholds of governance quality, the detrimental impacts of business freedom, monetary freedom, and financial freedom on income equality turn into the advantageous ones. The findings consolidate the appropriate combination of free market with specific dimensions and the governance quality in boosting the equality of income distribution in Asian developing countries.\",\"PeriodicalId\":35727,\"journal\":{\"name\":\"International Social Science Journal\",\"volume\":\"30 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2023-05-05\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Social Science Journal\",\"FirstCategoryId\":\"90\",\"ListUrlMain\":\"https://doi.org/10.1111/issj.12435\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"Social Sciences\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Social Science Journal","FirstCategoryId":"90","ListUrlMain":"https://doi.org/10.1111/issj.12435","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"Social Sciences","Score":null,"Total":0}
A multidimensional free market and income inequality in developing Asia: How does the quality of governance matter?
This paper empirically examines how a free market, a governance quality, and their interaction simultaneously affect income inequality in 23 Asian developing countries over the period 2000-2019. Especially, different dimensions of a free market proxied by various components of economic freedom are analysed. Results show that the overall economic freedom and three of its components including labour freedom, trade freedom, and investment freedom reduce income inequality; but other components including business freedom, monetary freedom, and financial freedom widen income inequality. Meanwhile, the governance quality not only decreases income inequality, but also intensifies the beneficial impacts of the overall economic freedom and those respective components of economic freedom on income equality. Notably, at certain thresholds of governance quality, the detrimental impacts of business freedom, monetary freedom, and financial freedom on income equality turn into the advantageous ones. The findings consolidate the appropriate combination of free market with specific dimensions and the governance quality in boosting the equality of income distribution in Asian developing countries.
期刊介绍:
The International Social Science Journal bridges social science communities across disciplines and continents with a view to sharing information and debate with the widest possible audience. The ISSJ has a particular focus on interdisciplinary and transdisciplinary work that pushes the boundaries of current approaches, and welcomes both applied and theoretical research. Originally founded by UNESCO in 1949, ISSJ has since grown into a forum for innovative review, reflection and discussion informed by recent and ongoing international, social science research. It provides a home for work that asks questions in new ways and/or employs original methods to classic problems and whose insights have implications across the disciplines and beyond the academy. The journal publishes regular editions featuring rigorous, peer-reviewed research articles that reflect its international and heterodox scope.