Risk, Government and Globalization: International Survey Evidence
Abstract
This paper uses international survey data to document two stylized facts. First, risk aversion is associated with anti-trade attitudes. Second, this effect is smaller in countries with greater levels of government expenditure. The paper thus provides evidence for the microeconomic underpinnings of the argument associated with Ruggie (1982), Rodrik (1998) and others that government spending can bolster support for globalization by reducing the risk associated with it in the minds of voters.Download Info
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Bibliographic Info
Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6354.Length:
Date of creation: Jun 2007
Date of revision:
Handle: RePEc:cpr:ceprdp:6354
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Related research
Keywords: risk; trade attitudes;Other versions of this item:
- Anna Maria Mayda & Kevin H. O’Rourke & Richard Sinnott, 2007. "Risk, Government and Globalization: International Survey Evidence," Trinity Economics Papers tep0507, Trinity College Dublin, Department of Economics.
- Anna Maria Mayda & Kevin H. O'Rourke, 2007. "Risk, Government andd Globalization: International Survey Evidence," The Institute for International Integration Studies Discussion Paper Series iiisdp218, IIIS.
- Anna Maria Mayda & Kevin H. O'Rourke & Richard Sinnott, 2007. "Risk, Government and Globalization: International Survey Evidence," NBER Working Papers 13037, National Bureau of Economic Research, Inc.
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-06-30 (All new papers)
- NEP-INT-2007-06-30 (International Trade)
- NEP-POL-2007-06-30 (Positive Political Economics)
- NEP-UPT-2007-06-30 (Utility Models & Prospect Theory)
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Bertola, Giuseppe, 2009.
"Inequality, Integration, and Policy: Issues and evidence from EMU,"
CEPR Discussion Papers
7251, C.E.P.R. Discussion Papers.
- Giuseppe Bertola, 2010. "Inequality, integration, and policy: issues and evidence from EMU," Journal of Economic Inequality, Springer, vol. 8(3), pages 345-365, September.
- Mayda, Anna Maria, 2008.
"Why are people more pro-trade than pro-migration?,"
Economics Letters,
Elsevier, vol. 101(3), pages 160-163, December.
- Mayda, Anna Maria, 2007. "Why Are People More Pro-Trade than Pro-Migration?," IZA Discussion Papers 2855, Institute for the Study of Labor (IZA).
- Mayda, Anna Maria, 2007. "Why Are People More Pro-trade Than Pro-migration?," CEPR Discussion Papers 6351, C.E.P.R. Discussion Papers.
- Anna Maria Mayda, 2006. "Why are people more pro-trade than pro-migration?," CReAM Discussion Paper Series 0611, Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London.
- Brian Burgoon & Panicos O. Demetriades & Geoffrey R.D. Underhill, 2011.
"Sources and Legitimacy of Financial Liberalization,"
Discussion Papers in Economics
11/45, Department of Economics, University of Leicester.
- Burgoon, Brian & Demetriades, Panicos & Underhill, Geoffrey R.D., 2012. "Sources and legitimacy of financial liberalization," European Journal of Political Economy, Elsevier, vol. 28(2), pages 147-161.
- Naci Canpolat & Hüseyin Ozel, 2008. "Evolutionary Dynamics of Globalization," Working Papers 2008/16, Turkish Economic Association.
- Giuseppe Bertola & Anna Lo Prete, 2008.
"Openness, Financial Markets, and Policies: Cross-Country and Dynamic Patterns,"
Working Papers
2008/13, Czech National Bank, Research Department.
- Giuseppe BERTOLA & Anna LO PRETE, 2009. "Openness, Financial Markets and Policies: Cross-Country and Dynamic Patterns," Annales d'Economie et de Statistique, ENSAE, issue 95-96, pages 167-182.
- Bertola, Giuseppe & Lo Prete, Anna, 2008. "Openness, Financial Markets, and Policies: Cross-Country and Dynamic Patterns," CEPR Discussion Papers 7048, C.E.P.R. Discussion Papers.
- Bertola, Giuseppe, 2007.
"Finance and Welfare States in Globalizing Markets,"
CEPR Discussion Papers
6480, C.E.P.R. Discussion Papers.
- Giuseppe Bertola, 2007. "Finance and Welfare States in Globalising Markets," RBA Annual Conference Volume, in: Christopher Kent & Jeremy Lawson (ed.), The Structure and Resilience of the Financial System Reserve Bank of Australia.
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