國立虎尾科技大學 |

Political Determinants of Income Inequality in Emerging Democracies

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Political Determinants of Income Inequality in Emerging Democracies/ by Takeshi Kawanaka, Yasushi Hazama.
Author:	Kawanaka, Takeshi.
other author:	Hazama, Yasushi.
Description:	IX, 112 p. 13 illus. in color.online resource. :
Contained By:	Springer Nature eBook
Subject:	Development economics. -
Online resource:	https://doi.org/10.1007/978-981-10-0257-1
ISBN:	9789811002571

Political Determinants of Income Inequality in Emerging Democracies
Kawanaka, Takeshi.

Political Determinants of Income Inequality in Emerging Democracies[electronic resource] /by Takeshi Kawanaka, Yasushi Hazama. - 1st ed. 2016. - IX, 112 p. 13 illus. in color.online resource. - SpringerBriefs in Economics,2191-5504. - SpringerBriefs in Economics,.

1. Introduction -- 2. Theory -- 3. The State of Emerging Democracies -- 4. Multidimensionality and Preferences for Income Equality -- 5. Political Determinants of Income Inequality: Panel Analysis -- 6. Conclusion.

This study explores why democratization does not necessarily result in inequality reduction in emerging democracies and reveals the determinants of income inequality in emerging democracies, where the average level of inequality continues to be higher and where there is a larger variance of inequality levels than in advanced democracies. Apart from economic, demographic, and social factors, the book highlights political factors that obstruct redistributive policies. In contrast to conventional studies on advanced democracies, which emphasize the relations between different classes, this study asserts that several political factors cause malfunctioning of democratic institutions at various phases of the political process in emerging democracies: multidimensional preferences, the failure of the political market, and weak state capacity. The book employs econometric methods to examine the effects of these political factors. The results indicate their significant effects. The multilevel analysis using the World Values Survey demonstrates that multidimensional preferences, operationalized as ethnic fractionalization, weaken demand for income inequality. Political market quality and state capacity are measured by the age of the largest opposition party, and the Quality of Government indicator is used for the unbalanced panel analysis covering the 1985–2012 period for 75 democracies. Both political market quality and state capacity reduce inequality, but the latter takes more time to show its effect.

ISBN: 9789811002571

Standard No.: 10.1007/978-981-10-0257-1doiSubjects--Topical Terms:

577196
Development economics.

LC Class. No.: HD72-88

Dewey Class. No.: 338.9

Political Determinants of Income Inequality in Emerging Democracies
LDR:03101nam a22003975i 4500 001 981788
003 DE-He213
005 20200704022845.0
007 cr nn 008mamaa
008 201211s2016 si | s |||| 0|eng d
020 $a 9789811002571 $9 978-981-10-0257-1
024 7 $a 10.1007/978-981-10-0257-1 $2 doi
035 $a 978-981-10-0257-1
050 4 $a HD72-88
072 7 $a KCM $2 bicssc
072 7 $a BUS092000 $2 bisacsh
072 7 $a KCM $2 thema
082 0 4 $a 338.9 $2 23
100 1 $a Kawanaka, Takeshi. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1104735
245 1 0 $a Political Determinants of Income Inequality in Emerging Democracies $h [electronic resource] / $c by Takeshi Kawanaka, Yasushi Hazama.
250 $a 1st ed. 2016.
264 1 $a Singapore : $b Springer Singapore : $b Imprint: Springer, $c 2016.
300 $a IX, 112 p. 13 illus. in color. $b online resource.
336 $a text $b txt $2 rdacontent
337 $a computer $b c $2 rdamedia
338 $a online resource $b cr $2 rdacarrier
347 $a text file $b PDF $2 rda
490 1 $a SpringerBriefs in Economics, $x 2191-5504
505 0 $a 1. Introduction -- 2. Theory -- 3. The State of Emerging Democracies -- 4. Multidimensionality and Preferences for Income Equality -- 5. Political Determinants of Income Inequality: Panel Analysis -- 6. Conclusion.
520 $a This study explores why democratization does not necessarily result in inequality reduction in emerging democracies and reveals the determinants of income inequality in emerging democracies, where the average level of inequality continues to be higher and where there is a larger variance of inequality levels than in advanced democracies. Apart from economic, demographic, and social factors, the book highlights political factors that obstruct redistributive policies. In contrast to conventional studies on advanced democracies, which emphasize the relations between different classes, this study asserts that several political factors cause malfunctioning of democratic institutions at various phases of the political process in emerging democracies: multidimensional preferences, the failure of the political market, and weak state capacity. The book employs econometric methods to examine the effects of these political factors. The results indicate their significant effects. The multilevel analysis using the World Values Survey demonstrates that multidimensional preferences, operationalized as ethnic fractionalization, weaken demand for income inequality. Political market quality and state capacity are measured by the age of the largest opposition party, and the Quality of Government indicator is used for the unbalanced panel analysis covering the 1985–2012 period for 75 democracies. Both political market quality and state capacity reduce inequality, but the latter takes more time to show its effect.
650 0 $a Development economics. $3 577196
650 0 $a Political economy. $2 bicssc $3 809016
650 1 4 $a Development Economics. $3 669178
650 2 4 $a International Political Economy. $3 1171863
700 1 $a Hazama, Yasushi. $4 aut $4 http://id.loc.gov/vocabulary/relators/aut $3 1104736
710 2 $a SpringerLink (Online service) $3 593884
773 0 $t Springer Nature eBook
776 0 8 $i Printed edition: $z 9789811002564
776 0 8 $i Printed edition: $z 9789811002588
830 0 $a SpringerBriefs in Economics, $x 2191-5504 $3 1256355
856 4 0 $u https://doi.org/10.1007/978-981-10-0257-1
912 $a ZDB-2-ECF
912 $a ZDB-2-SXEF
950 $a Economics and Finance (SpringerNature-41170)
950 $a Economics and Finance (R0) (SpringerNature-43720)