Risk, Government and Globalization: International Survey Evidence
    Working Paper 13037
  
        
    DOI 10.3386/w13037
  
        
    Issue Date 
  
          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.
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      Copy CitationAnna Maria Mayda, Kevin H. O'Rourke, and Richard Sinnott, "Risk, Government and Globalization: International Survey Evidence," NBER Working Paper 13037 (2007), https://doi.org/10.3386/w13037.
 
     
    