IDEAS home Printed from https://ideas.repec.org/a/sae/eeupol/v24y2023i2p286-306.html
   My bibliography  Save this article

Loving globalization: High-growth enterprises and public opinion on globalization in Europe

Author

Listed:
  • Osman S Kiratli

Abstract

Building upon the “new†new trade theory, this article proposes that the regional business demography plays a prominent role in shaping Europeans’ preferences on globalization. Specifically, I argue, regional populations of high-growth enterprises that take advantage of internationalization and export opportunities drive positive attitudes on globalization, especially among the “losers†of import competition. Regression models on cross-sectional survey data from Eurobarometer surveys covering ten waves between 2015 and 2019 supplemented by a series of macro-level covariates establish that residents in regions with higher shares of high-growth enterprises are more likely to view globalization as an opportunity. More importantly, the positive association between regional high-growth enterprise shares and support for globalization is particularly pronounced among lower-educated and lower-skilled individuals.

Suggested Citation

  • Osman S Kiratli, 2023. "Loving globalization: High-growth enterprises and public opinion on globalization in Europe," European Union Politics, , vol. 24(2), pages 286-306, June.
    • Handle: RePEc:sae:eeupol:v:24:y:2023:i:2:p:286-306
    DOI: 10.1177/14651165221138026
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/14651165221138026
    Download Restriction: no
    File URL: https://libkey.io/10.1177/14651165221138026?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Dani Rodrik, 2018. "Populism and the economics of globalization," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 12-33, June.
    2. Enrico Moretti, 2013. "Real Wage Inequality," American Economic Journal: Applied Economics, American Economic Association, vol. 5(1), pages 65-103, January.
    3. Andreas Bergh & Anders Kärnä, 2021. "Globalization and populism in Europe," Public Choice, Springer, vol. 189(1), pages 51-70, October.
    4. Barone, Guglielmo & Kreuter, Helena, 2021. "Low-wage import competition and populist backlash: The case of Italy," European Journal of Political Economy, Elsevier, vol. 67(C).
    5. Bergh, Andreas & Nilsson, Therese, 2010. "Do liberalization and globalization increase income inequality?," European Journal of Political Economy, Elsevier, vol. 26(4), pages 488-505, December.
    6. David H. Autor & Michael J. Handel, 2013. "Putting Tasks to the Test: Human Capital, Job Tasks, and Wages," Journal of Labor Economics, University of Chicago Press, vol. 31(S1), pages 59-96.
    7. Magnus Henrekson & Dan Johansson, 2010. "Gazelles as job creators: a survey and interpretation of the evidence," Small Business Economics, Springer, vol. 35(2), pages 227-244, September.
    8. Fordham, Benjamin O. & Kleinberg, Katja B., 2012. "How Can Economic Interests Influence Support for Free Trade?," International Organization, Cambridge University Press, vol. 66(2), pages 311-328, April.
    9. Hainmueller, Jens & Hiscox, Michael J., 2010. "Attitudes toward Highly Skilled and Low-skilled Immigration: Evidence from a Survey Experiment," American Political Science Review, Cambridge University Press, vol. 104(1), pages 61-84, February.
    10. Alex Coad & Sven-Olov Daunfeldt & Werner Hölzl & Dan Johansson & Paul Nightingale, 2014. "High-growth firms: introduction to the special section," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 23(1), pages 91-112, February.
    11. Scheve, Kenneth F. & Slaughter, Matthew J., 2001. "What determines individual trade-policy preferences?," Journal of International Economics, Elsevier, vol. 54(2), pages 267-292, August.
    12. Walter, Stefanie, 2017. "Globalization and the Demand-Side of Politics: How Globalization Shapes Labor Market Risk Perceptions and Policy Preferences," Political Science Research and Methods, Cambridge University Press, vol. 5(1), pages 55-80, January.
    13. Broz, J. Lawrence & Frieden, Jeffry & Weymouth, Stephen, 2021. "Populism in Place: The Economic Geography of the Globalization Backlash," International Organization, Cambridge University Press, vol. 75(2), pages 464-494, April.
    14. Hainmueller, Jens & Hiscox, Michael J., 2006. "Learning to Love Globalization: Education and Individual Attitudes Toward International Trade," International Organization, Cambridge University Press, vol. 60(2), pages 469-498, April.
    15. Italo Colantone & Piero Stanig, 2018. "The Trade Origins of Economic Nationalism: Import Competition and Voting Behavior in Western Europe," American Journal of Political Science, John Wiley & Sons, vol. 62(4), pages 936-953, October.
    16. Florence Jaumotte & Subir Lall & Chris Papageorgiou, 2013. "Rising Income Inequality: Technology, or Trade and Financial Globalization?," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 61(2), pages 271-309, June.
    17. Colin Mason & Ross Brown, 2013. "Creating good public policy to support high-growth firms," Small Business Economics, Springer, vol. 40(2), pages 211-225, February.
    18. Jaap W. B. Bos & Erik Stam, 2014. "Gazelles and industry growth: a study of young high-growth firms in The Netherlands," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 23(1), pages 145-169, February.
    19. Brown, James R. & Martinsson, Gustav & Petersen, Bruce C., 2017. "Stock markets, credit markets, and technology-led growth," Journal of Financial Intermediation, Elsevier, vol. 32(C), pages 45-59.
    20. Mansfield, Edward D. & Rudra, Nita, 2021. "Embedded Liberalism in the Digital Era," International Organization, Cambridge University Press, vol. 75(2), pages 558-585, April.
    21. Hainmueller, Jens & Hiscox, Michael J., 2007. "Educated Preferences: Explaining Attitudes Toward Immigration in Europe," International Organization, Cambridge University Press, vol. 61(2), pages 399-442, April.
    22. Larsen, Vegard H. & Thorsrud, Leif A., 2019. "The value of news for economic developments," Journal of Econometrics, Elsevier, vol. 210(1), pages 203-218.
    23. Lee, Haillie Na-Kyung & Liou, Yu-Ming, 2022. "Where You Work Is Where You Stand: A Firm-Based Framework for Understanding Trade Opinion," International Organization, Cambridge University Press, vol. 76(3), pages 713-740, March.
    24. Micheline Goedhuys & Leo Sleuwaegen, 2016. "High-growth versus declining firms: the differential impact of human capital and R&D," Applied Economics Letters, Taylor & Francis Journals, vol. 23(5), pages 369-372, March.
    25. Marc J. Melitz, 2003. "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, Econometric Society, vol. 71(6), pages 1695-1725, November.
    26. Mark P. Moore & Priya Ranjan, 2005. "Globalisation vs Skill-Biased Technological Change: Implications for Unemployment and Wage Inequality," Economic Journal, Royal Economic Society, vol. 115(503), pages 391-422, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cevat G. Aksoy & Sergei Guriev & Daniel S. Treisman, 2018. "Globalization, Government Popularity, and the Great Skill Divide," NBER Working Papers 25062, National Bureau of Economic Research, Inc.
    2. Philipp Harms & Nils D. Steiner, 2023. "Attitudes towards Globalization: A Survey," Working Papers 2305, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
    3. Raysa Geaquinto Rocha & João J. Ferreira, 2022. "Gazelles (High-Growth) Companies: a Bibliometric Science Map of the Field," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(4), pages 2911-2934, December.
    4. Judith L. Goldstein & Margaret E. Peters, 2014. "Nativism or Economic Threat: Attitudes Toward Immigrants During the Great Recession," International Interactions, Taylor & Francis Journals, vol. 40(3), pages 376-401, May.
    5. Snower, Dennis J. & Bosworth, Steven J., 2021. "Economic, social and political fragmentation: Linking knowledge-biased growth, identity, populism and protectionism," European Journal of Political Economy, Elsevier, vol. 67(C).
    6. Ari Hyytinen & Petri Rouvinen & Mika Pajarinen & Joosua Virtanen, 2023. "Ex Ante Predictability of Rapid Growth: A Design Science Approach," Entrepreneurship Theory and Practice, , vol. 47(6), pages 2465-2493, November.
    7. Aradhna Aggarwal & Takahiro Sato, 2015. "Identifying High Growth Firms in India: An Alternative Approach," Discussion Paper Series DP2015-14, Research Institute for Economics & Business Administration, Kobe University.
    8. Besnik A. Krasniqi & Sameeksha Desai, 2016. "Institutional drivers of high-growth firms: country-level evidence from 26 transition economies," Small Business Economics, Springer, vol. 47(4), pages 1075-1094, December.
    9. Sven-Olov Daunfeldt & Niklas Elert & Dan Johansson, 2016. "Are high-growth firms overrepresented in high-tech industries?," Industrial and Corporate Change, Oxford University Press, vol. 25(1), pages 1-21.
    10. Robert Gold, 2022. "From a better understanding of the drivers of populism to a new political agenda," Working Papers 4, Forum New Economy.
    11. Cosimo Abbate & Alessandro Sapio, 2016. "Gazelles and muppets in the City: Stock market listing, risk sharing, and firm growth quantiles," LEM Papers Series 2016/33, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    12. Alex Coad & Gregory Scott, 2018. "High-growth firms in Peru," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 37(75), pages 671-696, May.
    13. Barbara Dluhosch, 2021. "The role of perceptions about trade and inequality in the backlash against globalization," SN Business & Economics, Springer, vol. 1(12), pages 1-24, December.
    14. Cristina Fernández & Roberta García & Paloma Lopez-Garcia & Benedicta Marzinotto & Roberta Serafini & Juuso Vanhala & Ladislav Wintr, 2017. "Firm growth in Europe: An overview based on the COMPNET labour module," BCL working papers 107, Central Bank of Luxembourg.
    15. Andrés Rodríguez-Pose & Neil Lee & Cornelius Lipp, 2021. "Golfing with Trump. Social capital, decline, inequality, and the rise of populism in the US," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 14(3), pages 457-481.
    16. Chun-Fang Chiang & Jason M. Kuo & Megumi Naoi & Jin-Tan Liu, 2020. "What Do Voters Learn from Foreign News? Emulation, Backlash, and Public Support for Trade Agreements," NBER Working Papers 27497, National Bureau of Economic Research, Inc.
    17. Andres Rodriguez-Pose & Javier Terrero-Davila & Neil Lee, 2023. "Left-behind vs. unequal places: interpersonal inequality, economic decline, and the rise of populism in the US and Europe," Papers in Evolutionary Economic Geography (PEEG) 2306, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Mar 2023.
    18. Brown, Ross & Lee, Neil, 2014. "Funding issues confronting high growth SMEs in the UK," LSE Research Online Documents on Economics 57264, London School of Economics and Political Science, LSE Library.
    19. Michael R. Strain & Stan Veuger, 2022. "Economic shocks and clinging," Contemporary Economic Policy, Western Economic Association International, vol. 40(3), pages 456-475, July.
    20. Andreas Bergh & Anders Kärnä, 2021. "Globalization and populism in Europe," Public Choice, Springer, vol. 189(1), pages 51-70, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:eeupol:v:24:y:2023:i:2:p:286-306. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.