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Risk, Government and Globalization: International Survey Evidence / Anna Maria Mayda, Kevin H. O'Rourke, Richard Sinnott.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Mayda, Anna Maria.
Contributor:
National Bureau of Economic Research.
O'Rourke, Kevin H.
Sinnott, Richard.
Series:
Working Paper Series (National Bureau of Economic Research) no. w13037.
NBER working paper series no. w13037
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Risk, Government and Globalization
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2007.
Summary:
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.
Notes:
Print version record
April 2007.

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