Risk, Government and Globalization: International Survey Evidence

Anna Maria Mayda, Kevin O'Rourke and Richard Sinnott
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Richard Sinnott: University College Dublin

Economic Papers from Trinity College Dublin, Economics Department

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.

Keywords: Trade attitudes; risk (search for similar items in EconPapers)
JEL-codes: F13 P16 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2007-04
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (33)

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http://www.tcd.ie/Economics/TEP/2007/TEP0507.pdf

Related works:
Working Paper: Risk, Government and Globalization: International Survey Evidence (2007)
Working Paper: Risk, Government andd Globalization: International Survey Evidence (2007)
Working Paper: Risk, Government and Globalization: International Survey Evidence (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:tcd:tcduee:tep0507

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