The KOF Globalisation Index – revisited
Bibliographic Data
| ID | 12819154 |
|---|---|
| Authors | Savina Gygli (Swiss National Bank), Florian Haelg (0000-0002-7141-0483, Swiss Finance Institute), Niklas Potrafke (0000-0001-5472-5507, Ifo Institute for Economic Research), Jan-Egbert Sturm (0000-0002-9421-5736, Swiss Finance Institute) |
| Year | 2019 |
| Volume | 14 |
| Issue | 3 |
| Pages | 543-574 |
| Publication date | 2019-01-28 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Review of International Organizations (JOURNAL) |
| Journal identifiers | ISSN: 1559-7431 • E-ISSN: 1559-744X |
| Publisher | Springer Science+Business Media (PUBLISHER • DE) |
| DOI | 10.1007/s11558-019-09344-2 |
| OpenAlex | W2785400778 |
| Language | EN |
| Citations received | 435 |
| References cited | 34 |
We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every country in the world along the economic, social and political dimension. The original index was introduced by Dreher (Applied Economics, 38(10):1091–1110, 2006) and updated in Dreher et al. (2008). This second revision of the index distinguishes between de facto and de jure measures along the different dimensions of globalization. We also disentangle trade and financial globalization within the economic dimension of globalization and use time-varying weighting of the variables. The new index is based on 43 instead of 23 variables in the previous version. Following Dreher (Applied Economics, 38(10):1091–1110, 2006), we use the new index to examine the effect of globalization on economic growth. The results suggest that de facto and de jure globalization influence economic growth differently. Future research should use the new KOF Globalisation Index to re-examine other important consequences of globalization and why globalization was proceeding rapidly in some countries, such as South Korea, but less so in others. The KOF Globalisation Index can be downloaded from http://www.kof.ethz.ch/globalisation
Composite index · De facto · Economic globalization · Economic Policies and Impacts · Global Financial Crisis and Policies · Global trade and economics
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| Unique citing works | 435 |
|---|---|
| Citations per year | 54,38 |
| Citation span | 2018 - 2026 (9) |
| Citation velocity | current |
| Highly cited | Yes |
| Citation types | Neutral: 433 |