Risk, government and globalization
international survey evidence
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Author
Contributions
- O'Rourke, Kevin H. - Contributor
- Sinnott, R. - Contributor
- National Bureau of Economic Research. - Contributor
Publication
2007 - National Bureau of Economic Research, Cambridge, Mass, Massachusetts
Language
English
Word Count
5,500 words, Guess
Page Count
22 pages
Identifiers
- Library of Congress Control Number2007616222
- OCLC Control Number126834241
- Open LibraryOL17633669M
Classifications
- LCCHB1
Description
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.
Subjects
Series Statement
- NBER working paper series -- no. 13037.
- Working paper series (National Bureau of Economic Research) -- working paper no. 13037.
Links
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