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Abstract
This study investigates the complex relationship between technological innovation and income inequality, focusing on its impact on human-technology interactions across diverse socioeconomic settings. Using cross-country panel data from 59 nations (1995-2020), the study employs the CCEMG estimator, validated by AMG and panel causality tests. Results show technological innovation exacerbates income disparities, particularly in developed economies. Interactions with economic growth, globalization, and export trade introduce complexities, including both buffering and accelerating effects. The study highlights the need for informed policies to mitigate the negative socioeconomic consequences of technological advancement.
Publisher
Humanities and Social Sciences Communications
Published On
Jun 21, 2024
Authors
Anran Xiao, Zeshui Xu, Marinko Skare, Yong Qin, Xinxin Wang
Tags
technological innovation
income inequality
human-technology interactions
socioeconomic settings
economic growth
globalization
export trade
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