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Globalization's Winners and Losers - Evidence from Life Satisfaction Data, 1975 - 2000

  • Hessami, Zohal

This paper analyzes the effect of globalization on subjective well-being by using a dataset that combines micro- and macro-level variables for the EU-15 countries from 1975 to 2000. The estimations provide evidence that - in line with theoretical predictions - globalization has benefited especially high-skilled workers, right-wing voters, and people in the highest income quartile. On the other hand, globalization has increased well-being to a higher extent for old people than for young people.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 26412.

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Date of creation: 11 Oct 2009
Date of revision:
Handle: RePEc:pra:mprapa:26412
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  1. Christian Bjørnskov & Axel Dreher & Justina A. V. Fischer, 2006. "Cross-country determinants of life satisfaction: exploring different determinants across groups in society," LSE Research Online Documents on Economics 19290, London School of Economics and Political Science, LSE Library.
  2. Bruno S. Frey & Alois Stutzer, 2002. "What Can Economists Learn from Happiness Research?," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 402-435, June.
  3. O'Rourke, Kevin Hjortshøj, 2003. "Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization," CEPR Discussion Papers 4018, C.E.P.R. Discussion Papers.
  4. Dutt, Amitava Krishna & Mukhopadhyay, Kajal, 2005. "Globalization and the inequality among nations: A VAR approach," Economics Letters, Elsevier, vol. 88(3), pages 295-299, September.
  5. Robert J. MacCulloch & Rafael Di Tella & Andrew J. Oswald, 2001. "Preferences over Inflation and Unemployment: Evidence from Surveys of Happiness," American Economic Review, American Economic Association, vol. 91(1), pages 335-341, March.
  6. Axel Dreher & Noel Gaston, 2008. "Has Globalization Increased Inequality?," Review of International Economics, Wiley Blackwell, vol. 16(3), pages 516-536, 08.
  7. repec:oup:qjecon:v:121:y:2006:i:2:p:541-585 is not listed on IDEAS
  8. Axel Dreher, 2005. "Does Globalization Affect Growth? Evidence from a new Index of Globalization," TWI Research Paper Series 6, Thurgauer Wirtschaftsinstitut, Universit�t Konstanz.
  9. Doyle, Orla & Fidrmuc, Jan, 2006. "Who favors enlargement?: Determinants of support for EU membership in the candidate countries' referenda," European Journal of Political Economy, Elsevier, vol. 22(2), pages 520-543, June.
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