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Ticaret Akışlarının Angola'daki Gelir Dağılımı Üzerine Etkisi

Year 2021, Volume: 2 Issue: 1, 39 - 58, 06.04.2021

Abstract

Uluslararası ticarete açılmak ekonomilerin gelişmesinde ve büyümesinde son yıllarda çok önemli bir faktör olmuştur. Öte yandan ekonomik olarak dışa açılmanın ekonomilere avantaj ve dezavantajlar getirdiği bilinmektedir. Dolayısıyla gelir eşitsizliği bazı ülkelerde artan dezavantajlar ile ilişkilendirilebilir. Bu çalışmanın amacı ticaret akışlarının Angola'nın ekonomik olarak dışa açıklığı bağlamında gelir eşitsizliği üzerinde bir etkisinin olup olmadığını ortaya çıkarmaktır. 2000-2017 dönemi için değişkenler arasındaki ilişkiyi analiz etmek için Ordinary Least Squares yöntemi kullanılmıştır. Uluslararası ticaretin gelir eşitsizliği üzerindeki etkisini tanımlamak için Gini katsayısı Angola'nın ihracat ve ithalat değerleri ile birlikte incelenmiştir. Gini değerleri World Inequality Database’den alınmış ve 0 mükemmel eşitliği temsil ederken 1 mükemmel eşitsizliği ifade etmektedir. Gini ve dış ticaret değişkenleri arasındaki ilişkiyi sağlamlaştırmak için ihracat ve ithalatın yanı sıra işsizlik ve kısa vadeli borç stoğu gibi makroekonomik değişkenler kullanılmıştır. Model sonuçlarına göre, ihracatın Gini katsayısı değeri üzerinde azaltıcı bir etkisi olurken; ithalat, işsizlik ve borç Gini üzerinde artırıcı bir etkiye sahip olduğu bulunmuştur.

References

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Impact of Trade Flows on Income Distribution in Angola

Year 2021, Volume: 2 Issue: 1, 39 - 58, 06.04.2021

Abstract

Opening to international trade has been a crucial factor in the development and growth of economies for the last decades. On the other hand, it is known that opening brings advantages and disadvantages for economies. Income inequality can thus be related to these disadvantages which have been increasing in certain countries. The aim of this study is to find out whether trade flows have an impact on income inequality related to trade opening in Angola. Ordinary Least Squares method is used to analyze the relationship between variables over the period 2000-2017. In order to define the effect of international trade on the income inequality Gini coefficient is analyzed along with export and import values of Angola. Gini values are gathered from World Inequality Database with 0 representing perfect equality and 1 meaning perfect inequality. Other macroeconomic variables are used such as unemployment and short term debt stock along with export and import to assure the relationship between Gini and foreign trade variables. According to the model results, exportation has a negative effect on Gini coefficient, while importation, unemployment and debt have a positive impact on Gini.

References

  • Africa Development Bank (2021). Retrieved from https://www.afdb.org/en (Access Date: 03/01/2021).
  • Alvaredo, F., Chancel, L., Piketty, T., Saez, E. and Zucman, G. (2018). World Inequality Report 2018.
  • Arslan, F. P. (2019). Public debt and income inequality in Turkey. Journal of Research in Economics, 91-109.
  • Banco Nacional de Angola (2021). Retrieved from https://www.bna.ao (Access Date: 07/01/2021).
  • Bohoslavsky, J. P. (2016). Economic Inequality, Debt Crises and Human Rights. Yale Journal of International Law, 177-200.
  • Carvalho, A. (2017). The World Finance: The Voice of the Market: Retrieved from https://www.worldfinance.com/banking/reforming-angolas-financial-sector (Access Date: 17/01/2021).
  • Cassete, F. (2012). Income inequalities and international trade in goods and services: Short- and long-run evidence. International Trade Journal, 223-254.
  • Cerdeiro, D. A. and Komaromi, A. (2017). Trade and Income in the Long Run: Are There Really Gains, and Are They Widely Shared?, IMF Working Papers, WP/17/231.
  • Ciani, A. (2017). Income inequality and the quality of imports, Düsseldorf Institute for Competition Economics (DICE) Discussion Paper, No. 245.
  • International Business Publications (2009). Angola Country: Strategic Information and Developments.
  • International Monetary Fund Data (2021). Retrieved from https://www.imf.org/en/Data (Access Date: 11/01/2021).
  • International Monetary Fund (2019). Angola-first Review of the Extended Arrangement. Washington, D.C: International Monetary Fund Publication Services.
  • Isagiller, A. (1988). Income Distribuition and Economic Growth. The State of Development Economics, 459-485.
  • Kayıkçı, F. (2019). Course of Income Inequality in Turkey. Theoretical Economics Letters, 2085-2092.
  • Leamer, E. E. (1995). The Heckscher-Ohlin Model in Theory and Practice. Princeton Studies in International Finance, No. 77.
  • Liberati, P. (2015). The world distribution of income and its inequality, 1970-2009. Review of Income and Wealth, 248-273.
  • Lopes, C., Rodrigues, C., and Simas, G. (2007). A caminho da Cidade: Migração Interna, Urbanização e Saúde em Angola. Porto: Veritas (Porto Alegre).
  • Milanovic, B. (2012). Global Income Inequality by the Numbers: In History and Now. Policy Research Working Paper, No. 6259, World Bank, Washington, DC.
  • Naguib, C. (2017). The Relationship between Inequality and Growth: Evidence from New Data. Swiss Journal of Economics and Statistics, 183-225.
  • National Bank of Angola (2021). Retrieved from https://www.bna.ao (Access Date: 02/01/2021).
  • Ohlin, B. (1933). Interregional and International Trade. Cambridge, MA: Harvard University Press.
  • Reis, C. F., and Serafim, J. (2018). Growth and Debt in Angola at Provincial Level. Working Paper CESA CSG, 172/2018.
  • Reuveny, R. and Li, Q. (2003). Economic openness, democracy, and income Inequality an empirical analysis. Comparative Political Studies, 575-601.
  • Seyoum, B. (2009). Export- Import Theory Practices and Procedures. Ottawa: The Haworth Press.
  • Stiglitz, J. E. (2015). The Price of Inequality: How Today's Divided Society Endangers Our Future. Pontifical Academy of Social Sciences, 475-479.
  • Torul, O., and Oztunalı, O. (2018). On income and wealth inequality in Turkey. Central Bank Review, 95-106.
  • Transparency International Corruption Index (2019). Transparency International Corruption Index. Retrieved from https://www.transparency.org/en/countries/angola (Access Date: 15/01/2021).
  • Tvedten, I., and Lázaro, G. (2011). Urban poverty and inequality in Luanda, Angola. Chr. Michelsen Institute (CMI), 10-13.
  • United Nations (2016). Country profile 2016 - Angola. ECA Publications.
  • United Nations (2020). Macroeconomic Overview of RBJ Countries. Johannesburg: United Nations World Food Programme.
  • World Bank (2020). Angola Poverty Assessment. World Bank, Washington, DC.
  • World Bank Database (2021). Retrieved from https://data.worldbank.org (Access Date: 02/01/2021).
  • World Inequality Database (2021). Income inequality, Angola, 1990-2019. Retrieved from https://wid.world/country/angola (Access Date: 05/01/2021).
  • Yasushi, H. (2017). The impact of exports on income inequality in developing countries. IDE Discussion Paper, 1-31.
There are 34 citations in total.

Details

Primary Language English
Subjects Business Administration
Journal Section Articles
Authors

Yunus Özcan This is me 0000-0001-7895-0194

Alberto Schneider Rodriguez Da Costa Cazeiro This is me

Publication Date April 6, 2021
Published in Issue Year 2021 Volume: 2 Issue: 1

Cite

APA Özcan, Y., & Da Costa Cazeiro, A. S. R. (2021). Impact of Trade Flows on Income Distribution in Angola. İşletme, 2(1), 39-58.