skip to content
Welfare state vs. market forces in a globalization era Preview this item
ClosePreview this item
Checking...

Welfare state vs. market forces in a globalization era

Author: Assaf Razin; Efraim Sadka; Alexander Horst Schwemmer; National Bureau of Economic Research,
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2019.
Series: Working paper series (National Bureau of Economic Research), no. 26201.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Globalization radically changes income distribution and triggers intense international tax competition. Therefore, globalization entails an extensive restructuring of the welfare state. We analyze a parsimonious model of an open economy, in its trade and finance transactions with the rest of the world, governed by voter-majority-controlled welfare state. We analyze the interactions between taxation, provision of  Read more...
Rating:

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

Subjects
More like this

Find a copy online

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: Assaf Razin; Efraim Sadka; Alexander Horst Schwemmer; National Bureau of Economic Research,
OCLC Number: 1118693233
Notes: "August 2019"
Description: 1 online resource (54 unnumbered pages) : illustrations.
Series Title: Working paper series (National Bureau of Economic Research), no. 26201.
Responsibility: Assaf Razin, Efraim Sadka, Alexander Horst Schwemmer.

Abstract:

Globalization radically changes income distribution and triggers intense international tax competition. Therefore, globalization entails an extensive restructuring of the welfare state. We analyze a parsimonious model of an open economy, in its trade and finance transactions with the rest of the world, governed by voter-majority-controlled welfare state. We analyze the interactions between taxation, provision of social benefits, and globalization. We demonstrate how these interactions are grounded on trade-related and macro-related fundamentals, familiar from a standard open-economy model: (i) Degree of trade border frictions, (ii) Degree of international finance frictions, (iii) Relative factor abundance that determines the capital intensity of the country's exports; and, (iv) Domestic savings and productivity of domestic investment, which determines whether the country is a financial capital exporter or importer. We address the issues of whether the welfare state enhances (or inhibits) the trade and financial openness driven by diminished border effects; whether globalization chips away at the generosity of the welfare state; and, whether the welfare state efficiently spreads out the gains from globalization from winners to losers.

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/1118693233> # Welfare state vs. market forces in a globalization era
    a schema:MediaObject, schema:Book, schema:CreativeWork ;
    library:oclcnum "1118693233" ;
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/mau> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/9540626622#Topic/international_trade_econometric_models> ; # International trade--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/9540626622#Topic/income_distribution_econometric_models> ; # Income distribution--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/9540626622#Topic/welfare_state_econometric_models> ; # Welfare state--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/9540626622#Topic/international_finance_econometric_models> ; # International finance--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/9540626622#Topic/globalization_economic_aspects_econometric_models> ; # Globalization--Economic aspects--Econometric models
    schema:about <http://experiment.worldcat.org/entity/work/data/9540626622#Topic/taxation_econometric_models> ; # Taxation--Econometric models
    schema:author <http://experiment.worldcat.org/entity/work/data/9540626622#Person/schwemmer_alexander_horst> ; # Alexander Horst Schwemmer
    schema:author <http://experiment.worldcat.org/entity/work/data/9540626622#Person/sadka_efraim> ; # Efraim Sadka
    schema:author <http://experiment.worldcat.org/entity/work/data/9540626622#Person/razin_assaf> ; # Assaf Razin
    schema:bookFormat schema:EBook ;
    schema:datePublished "2019" ;
    schema:description "Globalization radically changes income distribution and triggers intense international tax competition. Therefore, globalization entails an extensive restructuring of the welfare state. We analyze a parsimonious model of an open economy, in its trade and finance transactions with the rest of the world, governed by voter-majority-controlled welfare state. We analyze the interactions between taxation, provision of social benefits, and globalization. We demonstrate how these interactions are grounded on trade-related and macro-related fundamentals, familiar from a standard open-economy model: (i) Degree of trade border frictions, (ii) Degree of international finance frictions, (iii) Relative factor abundance that determines the capital intensity of the country's exports; and, (iv) Domestic savings and productivity of domestic investment, which determines whether the country is a financial capital exporter or importer. We address the issues of whether the welfare state enhances (or inhibits) the trade and financial openness driven by diminished border effects; whether globalization chips away at the generosity of the welfare state; and, whether the welfare state efficiently spreads out the gains from globalization from winners to losers."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/9540626622> ;
    schema:inLanguage "en" ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/9540626622#Series/nber_working_paper_series> ; # NBER working paper series ;
    schema:isPartOf <http://experiment.worldcat.org/entity/work/data/9540626622#Series/working_paper_series_national_bureau_of_economic_research> ; # Working paper series (National Bureau of Economic Research) ;
    schema:name "Welfare state vs. market forces in a globalization era"@en ;
    schema:productID "1118693233" ;
    schema:publisher <http://experiment.worldcat.org/entity/work/data/9540626622#Organization/national_bureau_of_economic_research> ; # National Bureau of Economic Research,
    schema:url <http://www.nber.org/papers/w26201> ;
    schema:url <http://papers.nber.org/papers/26201> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/1118693233> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/9540626622#Organization/national_bureau_of_economic_research> # National Bureau of Economic Research,
    a schema:Organization ;
    schema:name "National Bureau of Economic Research," ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Person/razin_assaf> # Assaf Razin
    a schema:Person ;
    schema:familyName "Razin" ;
    schema:givenName "Assaf" ;
    schema:name "Assaf Razin" ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Person/sadka_efraim> # Efraim Sadka
    a schema:Person ;
    schema:familyName "Sadka" ;
    schema:givenName "Efraim" ;
    schema:name "Efraim Sadka" ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Person/schwemmer_alexander_horst> # Alexander Horst Schwemmer
    a schema:Person ;
    schema:familyName "Schwemmer" ;
    schema:givenName "Alexander Horst" ;
    schema:name "Alexander Horst Schwemmer" ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Series/nber_working_paper_series> # NBER working paper series ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1118693233> ; # Welfare state vs. market forces in a globalization era
    schema:name "NBER working paper series ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Series/working_paper_series_national_bureau_of_economic_research> # Working paper series (National Bureau of Economic Research) ;
    a bgn:PublicationSeries ;
    schema:hasPart <http://www.worldcat.org/oclc/1118693233> ; # Welfare state vs. market forces in a globalization era
    schema:name "Working paper series (National Bureau of Economic Research) ;" ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Topic/globalization_economic_aspects_econometric_models> # Globalization--Economic aspects--Econometric models
    a schema:Intangible ;
    schema:name "Globalization--Economic aspects--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Topic/income_distribution_econometric_models> # Income distribution--Econometric models
    a schema:Intangible ;
    schema:name "Income distribution--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Topic/international_finance_econometric_models> # International finance--Econometric models
    a schema:Intangible ;
    schema:name "International finance--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Topic/international_trade_econometric_models> # International trade--Econometric models
    a schema:Intangible ;
    schema:name "International trade--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Topic/taxation_econometric_models> # Taxation--Econometric models
    a schema:Intangible ;
    schema:name "Taxation--Econometric models"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/9540626622#Topic/welfare_state_econometric_models> # Welfare state--Econometric models
    a schema:Intangible ;
    schema:name "Welfare state--Econometric models"@en ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

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