skip to content
The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data Preview this item
ClosePreview this item
Checking...

The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data

Author: Axel Dreher; Jan-Egbert Sturm; Heinrich Ursprung
Publisher: München : CESifo, Center for Economic Studies & Ifo Institute for economic research, 2006.
Series: CESifo working paper series, 1755.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced by citizens' preferences to be compensated for the risks of globalization ('compensation hypothesis'). Employing two  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

 

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Axel Dreher; Jan-Egbert Sturm; Heinrich Ursprung
OCLC Number: 429455414
Description: 1 online resource (Text.)
Series Title: CESifo working paper series, 1755.
Responsibility: Axel Dreher, Jan-Egbert Sturm, Heinrich Ursprung.

Abstract:

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced by citizens' preferences to be compensated for the risks of globalization ('compensation hypothesis'). Employing two different datasets and various measures of globalization, we analyze whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we examine the development of four broad expenditure categories for the period 1970-2001: capital expenditures; expenditures for goods and services; interest payments; and subsidies and other current transfers. A second dataset provides a much more detailed classification: public expenditures, expenditures for defence, order, economic environment, housing, health, recreation, education, and social expenditures. However, this second data set is only available since 1990 - and only for the OECD countries. Our results show that globalization did not influence the composition of government expenditures.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/429455414> # The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data
    a schema:MediaObject, schema:CreativeWork, schema:Book ;
   library:oclcnum "429455414" ;
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/gw> ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/291887019#Place/munchen> ; # München
   schema:about <http://dewey.info/class/330/> ;
   schema:bookFormat schema:EBook ;
   schema:contributor <http://experiment.worldcat.org/entity/work/data/291887019#Person/ursprung_heinrich> ; # Heinrich Ursprung
   schema:contributor <http://viaf.org/viaf/69803003> ; # Jan-Egbert Sturm
   schema:creator <http://experiment.worldcat.org/entity/work/data/291887019#Person/dreher_axel> ; # Axel Dreher
   schema:datePublished "2006" ;
   schema:description "According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure. As a consequence, governments shift their expenditures in favour of transfers and subsidies and away from capital expenditures. This expenditure shift is potentially enhanced by citizens' preferences to be compensated for the risks of globalization ('compensation hypothesis'). Employing two different datasets and various measures of globalization, we analyze whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries, we examine the development of four broad expenditure categories for the period 1970-2001: capital expenditures; expenditures for goods and services; interest payments; and subsidies and other current transfers. A second dataset provides a much more detailed classification: public expenditures, expenditures for defence, order, economic environment, housing, health, recreation, education, and social expenditures. However, this second data set is only available since 1990 - and only for the OECD countries. Our results show that globalization did not influence the composition of government expenditures." ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/291887019> ;
   schema:inLanguage "en" ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/291887019#Series/cesifo_working_paper> ; # CESifo working paper ;
   schema:isPartOf <http://experiment.worldcat.org/entity/work/data/291887019#Series/cesifo_working_paper_series> ; # CESifo working paper series ;
   schema:name "The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data" ;
   schema:productID "429455414" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/429455414#PublicationEvent/munchen_cesifo_center_for_economic_studies_&_ifo_institute_for_economic_research_2006> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/291887019#Agent/cesifo_center_for_economic_studies_&_ifo_institute_for_economic_research> ; # CESifo, Center for Economic Studies & Ifo Institute for economic research
   schema:url <http://www.cesifo-group.de/DocCIDL/cesifo1_wp1755.pdf> ;
   schema:url <http://www.cesifo-group.de/ifoHome/publications/working-papers/CESifoWP.html> ;
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/429455414> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/291887019#Agent/cesifo_center_for_economic_studies_&_ifo_institute_for_economic_research> # CESifo, Center for Economic Studies & Ifo Institute for economic research
    a bgn:Agent ;
   schema:name "CESifo, Center for Economic Studies & Ifo Institute for economic research" ;
    .

<http://experiment.worldcat.org/entity/work/data/291887019#Person/dreher_axel> # Axel Dreher
    a schema:Person ;
   schema:familyName "Dreher" ;
   schema:givenName "Axel" ;
   schema:name "Axel Dreher" ;
    .

<http://experiment.worldcat.org/entity/work/data/291887019#Person/ursprung_heinrich> # Heinrich Ursprung
    a schema:Person ;
   schema:familyName "Ursprung" ;
   schema:givenName "Heinrich" ;
   schema:name "Heinrich Ursprung" ;
    .

<http://experiment.worldcat.org/entity/work/data/291887019#Series/cesifo_working_paper> # CESifo working paper ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/429455414> ; # The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data
   schema:name "CESifo working paper ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/291887019#Series/cesifo_working_paper_series> # CESifo working paper series ;
    a bgn:PublicationSeries ;
   schema:hasPart <http://www.worldcat.org/oclc/429455414> ; # The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data
   schema:name "CESifo working paper series ;" ;
    .

<http://viaf.org/viaf/69803003> # Jan-Egbert Sturm
    a schema:Person ;
   schema:familyName "Sturm" ;
   schema:givenName "Jan-Egbert" ;
   schema:name "Jan-Egbert Sturm" ;
    .

<http://www.worldcat.org/title/-/oclc/429455414>
    a genont:InformationResource, genont:ContentTypeGenericResource ;
   schema:about <http://www.worldcat.org/oclc/429455414> ; # The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data
   schema:dateModified "2017-10-23" ;
   void:inDataset <http://purl.oclc.org/dataset/WorldCat> ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.