Globalization: an
empirical approach
Global Economic Dynamics,
Bertelsmann Stiftung, 2014)
Who benefits most
from globalization?
Sample
Developed national economies (42
countries)
Time
1990-2011
Research
question
Objective
Objective
Quantify the economic changes brought
about globalization
Create a model to predict the future
developments
Methodology
Conceptualizing a GLOBALIZATION INDEX
Studying the interrelated effect between globalization
and economic development
Determining the «Globalization Champion»
Globalization Index
Is it possible measure the globalizartion?
Economic indicators
Transaction variables: actual
transaction related to goods, service
and finacial assets
Transaction restriction: restrictions on
the free ttransfer goods and fincial
capitals
Globalization Index
Social indicators
Personal Contacts, information flows and
cultural proximity
Number of diplomatica representations and
international agreements, membership in
international
Political indicators
Interrelated effects
To measure the influence of globalization, it ‘s necessary to
consider the following variables in a theroretical approach
GDP per capita
Birth rate
Government
spending
Investment activities
Inflation rate
Interrelated effects
Globalization Champion
Two Step
Calculating for each country
which growth rates would have
resulted from a stagnation in the
level of globalization
Starting with the gross domestic
oroduct at the beginning
Make a comparison