Trade Openness, Capital Openness and Government Size

Paolo Liberati

96 citations0/0 files storedJournal of Public Policy

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Fiscal Policies and Political Economy Economic and Fiscal Studies Fiscal Policy and Economic Growth

Abstract

ABSTRACT This paper provides empirical evidence of the relation between trade openness, capital openness and government expenditures in a cross-sectional time-series context. It is shown that capital openness is significantly and negatively related to government expenditures in line with the conventional wisdom that capital mobility may undermine the ability of governments to maintain larger public sectors. More importantly, the compensation hypothesis originally proposed by Rodrik (1998) and traceable back to Cameron (1978) is not in general supported by the data.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 96 citations exist upstream.

References

1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations 2003Testing for unit roots in heterogeneous panels 1995What To Do (and Not to Do) with Time-Series Cross-Section Data 1999Does Trade Cause Growth?1982International regimes, transactions, and change: embedded liberalism in the postwar economic order 1988Estimating Vector Autoregressions with Panel Data 1996Why Do More Open Economies Have Bigger Governments?1998Has Globalization Gone Too Far?

Cited by

2017The determinants of income inequality in OECD countries 2011The relationship between trade openness and government size: Does disaggregating government expenditure matter?2022On the relationship between trade openness and government size 2014Trade openness and government size of small developing countries

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.