Does the digital economy development improve or exacerbate income inequality? International evidence

With the fast development of the digital economy, this study concentrates on the influence of digital economy development on income inequality in 97 countries. Three results are discovered. Firstly, the digital economy development contributes to improving income inequality, but this effect is weaken...

Full description

Saved in:
Bibliographic Details
Published in:Managerial and decision economics 2024-09, Vol.45 (6), p.4012-4038
Main Authors: Wang, Feng, Shen, Shaoxin
Format: Article
Language:English
Subjects:
Economic development
Economic inequality
Economics
Globalization
Human capital
Income
Income inequality
Labor market
Socioeconomics
Citations: Items that this one cites
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
cited_by
cites cdi_FETCH-LOGICAL-c2541-534dd81c1a5f692587c4999ddb2b98c86c103a12cfc3f2866fb00ac94dc839b53
container_end_page 4038
container_issue 6
container_start_page 4012
container_title Managerial and decision economics
container_volume 45
creator Wang, Feng
Shen, Shaoxin
description With the fast development of the digital economy, this study concentrates on the influence of digital economy development on income inequality in 97 countries. Three results are discovered. Firstly, the digital economy development contributes to improving income inequality, but this effect is weakened by the moderating effect of globalization globally. Secondly, digital economic development improves income inequality in lower‐middle‐income and low‐income countries; while the high‐income countries and upper‐middle‐income are not significant. Thirdly, the mechanisms reducing inequality are explored in terms of generating industries with low barriers to new entrants, reducing labor market information asymmetries, and promoting human capital equalization.
doi_str_mv 10.1002/mde.4231
format article
fullrecord <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_journals_3087754436</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>3087754436</sourcerecordid><originalsourceid>FETCH-LOGICAL-c2541-534dd81c1a5f692587c4999ddb2b98c86c103a12cfc3f2866fb00ac94dc839b53</originalsourceid><addsrcrecordid>eNp10EFLwzAcBfAgCs4p-BECXrx0Jk3aJieRbepg4kXPIU3-1Yy22ZJu2m9v67x6epcfj8dD6JqSGSUkvWsszHjK6AmaUCJlQnkuTtGEUM6SPCvIObqIcUMI4YLLCbILDxF3n4Ct-3CdrjEY3_qmxxYOUPttA22HXbMN_gDYBwzf2kAodQfYtcY3Y8Bur2vX9fd41XYQWt05345VB2ehNXCJzipdR7j6yyl6f1y-zZ-T9evTav6wTkyacZpkjFsrqKE6q3KZZqIwXEppbZmWUhiRG0qYpqmpDKtSkedVSYg2klsjmCwzNkU3x95h7W4PsVMbvx_m1FExIooi45zlg7o9KhN8jAEqtQ2u0aFXlKjxQzV8qMYPB5oc6Zerof_XqZfF8tf_AM2Hc6k</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>3087754436</pqid></control><display><type>article</type><title>Does the digital economy development improve or exacerbate income inequality? International evidence</title><source>International Bibliography of the Social Sciences (IBSS)</source><source>Wiley-Blackwell Read &amp; Publish Collection</source><creator>Wang, Feng ; Shen, Shaoxin</creator><creatorcontrib>Wang, Feng ; Shen, Shaoxin</creatorcontrib><description>With the fast development of the digital economy, this study concentrates on the influence of digital economy development on income inequality in 97 countries. Three results are discovered. Firstly, the digital economy development contributes to improving income inequality, but this effect is weakened by the moderating effect of globalization globally. Secondly, digital economic development improves income inequality in lower‐middle‐income and low‐income countries; while the high‐income countries and upper‐middle‐income are not significant. Thirdly, the mechanisms reducing inequality are explored in terms of generating industries with low barriers to new entrants, reducing labor market information asymmetries, and promoting human capital equalization.</description><identifier>ISSN: 0143-6570</identifier><identifier>EISSN: 1099-1468</identifier><identifier>DOI: 10.1002/mde.4231</identifier><language>eng</language><publisher>Chichester: Wiley Periodicals Inc</publisher><subject>Economic development ; Economic inequality ; Economics ; Globalization ; Human capital ; Income ; Income inequality ; Labor market ; Socioeconomics</subject><ispartof>Managerial and decision economics, 2024-09, Vol.45 (6), p.4012-4038</ispartof><rights>2024 John Wiley &amp; Sons Ltd.</rights><rights>2024 John Wiley &amp; Sons, Ltd.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><cites>FETCH-LOGICAL-c2541-534dd81c1a5f692587c4999ddb2b98c86c103a12cfc3f2866fb00ac94dc839b53</cites><orcidid>0000-0002-0689-6560</orcidid></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,780,784,27924,27925,33223</link.rule.ids></links><search><creatorcontrib>Wang, Feng</creatorcontrib><creatorcontrib>Shen, Shaoxin</creatorcontrib><title>Does the digital economy development improve or exacerbate income inequality? International evidence</title><title>Managerial and decision economics</title><description>With the fast development of the digital economy, this study concentrates on the influence of digital economy development on income inequality in 97 countries. Three results are discovered. Firstly, the digital economy development contributes to improving income inequality, but this effect is weakened by the moderating effect of globalization globally. Secondly, digital economic development improves income inequality in lower‐middle‐income and low‐income countries; while the high‐income countries and upper‐middle‐income are not significant. Thirdly, the mechanisms reducing inequality are explored in terms of generating industries with low barriers to new entrants, reducing labor market information asymmetries, and promoting human capital equalization.</description><subject>Economic development</subject><subject>Economic inequality</subject><subject>Economics</subject><subject>Globalization</subject><subject>Human capital</subject><subject>Income</subject><subject>Income inequality</subject><subject>Labor market</subject><subject>Socioeconomics</subject><issn>0143-6570</issn><issn>1099-1468</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2024</creationdate><recordtype>article</recordtype><sourceid>8BJ</sourceid><recordid>eNp10EFLwzAcBfAgCs4p-BECXrx0Jk3aJieRbepg4kXPIU3-1Yy22ZJu2m9v67x6epcfj8dD6JqSGSUkvWsszHjK6AmaUCJlQnkuTtGEUM6SPCvIObqIcUMI4YLLCbILDxF3n4Ct-3CdrjEY3_qmxxYOUPttA22HXbMN_gDYBwzf2kAodQfYtcY3Y8Bur2vX9fd41XYQWt05345VB2ehNXCJzipdR7j6yyl6f1y-zZ-T9evTav6wTkyacZpkjFsrqKE6q3KZZqIwXEppbZmWUhiRG0qYpqmpDKtSkedVSYg2klsjmCwzNkU3x95h7W4PsVMbvx_m1FExIooi45zlg7o9KhN8jAEqtQ2u0aFXlKjxQzV8qMYPB5oc6Zerof_XqZfF8tf_AM2Hc6k</recordid><startdate>202409</startdate><enddate>202409</enddate><creator>Wang, Feng</creator><creator>Shen, Shaoxin</creator><general>Wiley Periodicals Inc</general><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope><orcidid>https://orcid.org/0000-0002-0689-6560</orcidid></search><sort><creationdate>202409</creationdate><title>Does the digital economy development improve or exacerbate income inequality? International evidence</title><author>Wang, Feng ; Shen, Shaoxin</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c2541-534dd81c1a5f692587c4999ddb2b98c86c103a12cfc3f2866fb00ac94dc839b53</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2024</creationdate><topic>Economic development</topic><topic>Economic inequality</topic><topic>Economics</topic><topic>Globalization</topic><topic>Human capital</topic><topic>Income</topic><topic>Income inequality</topic><topic>Labor market</topic><topic>Socioeconomics</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Wang, Feng</creatorcontrib><creatorcontrib>Shen, Shaoxin</creatorcontrib><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Managerial and decision economics</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Wang, Feng</au><au>Shen, Shaoxin</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Does the digital economy development improve or exacerbate income inequality? International evidence</atitle><jtitle>Managerial and decision economics</jtitle><date>2024-09</date><risdate>2024</risdate><volume>45</volume><issue>6</issue><spage>4012</spage><epage>4038</epage><pages>4012-4038</pages><issn>0143-6570</issn><eissn>1099-1468</eissn><abstract>With the fast development of the digital economy, this study concentrates on the influence of digital economy development on income inequality in 97 countries. Three results are discovered. Firstly, the digital economy development contributes to improving income inequality, but this effect is weakened by the moderating effect of globalization globally. Secondly, digital economic development improves income inequality in lower‐middle‐income and low‐income countries; while the high‐income countries and upper‐middle‐income are not significant. Thirdly, the mechanisms reducing inequality are explored in terms of generating industries with low barriers to new entrants, reducing labor market information asymmetries, and promoting human capital equalization.</abstract><cop>Chichester</cop><pub>Wiley Periodicals Inc</pub><doi>10.1002/mde.4231</doi><tpages>27</tpages><orcidid>https://orcid.org/0000-0002-0689-6560</orcidid></addata></record>
fulltext fulltext
identifier ISSN: 0143-6570
ispartof Managerial and decision economics, 2024-09, Vol.45 (6), p.4012-4038
issn 0143-6570
1099-1468
language eng
recordid cdi_proquest_journals_3087754436
source International Bibliography of the Social Sciences (IBSS); Wiley-Blackwell Read & Publish Collection
subjects Economic development
Economic inequality
Economics
Globalization
Human capital
Income
Income inequality
Labor market
Socioeconomics
title Does the digital economy development improve or exacerbate income inequality? International evidence
url http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-25T11%3A06%3A24IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Does%20the%20digital%20economy%20development%20improve%20or%20exacerbate%20income%20inequality?%20International%20evidence&rft.jtitle=Managerial%20and%20decision%20economics&rft.au=Wang,%20Feng&rft.date=2024-09&rft.volume=45&rft.issue=6&rft.spage=4012&rft.epage=4038&rft.pages=4012-4038&rft.issn=0143-6570&rft.eissn=1099-1468&rft_id=info:doi/10.1002/mde.4231&rft_dat=%3Cproquest_cross%3E3087754436%3C/proquest_cross%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c2541-534dd81c1a5f692587c4999ddb2b98c86c103a12cfc3f2866fb00ac94dc839b53%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=3087754436&rft_id=info:pmid/&rfr_iscdi=true