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The Impact of Globalization on the Composition of Government Expenditures: Evidence from Panel Data
Dreher, Axel; Sturm, Jan-Egbert; Ursprung, Heinrich - CESifo - 2006
According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … 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 …
Persistent link: https://www.econbiz.de/10005766280
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Do Civil and Political Repression Really Boost Foreign Direct Investments?
Harms, Philipp; Ursprung, Heinrich - CESifo - 2001
Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular "political repression boosts FDI" hypothesis and arrives...
Persistent link: https://www.econbiz.de/10005181294
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Globalisation, Competitive Governments, and Constitutional Choice in Europe
Breton, Albert; Ursprung, Heinrich - CESifo - 2002
The traditional school of economic policy analysis predicts that globalisation will give rise to predatory competition between the governments of the European nation states. The consequence is anticipated to be a marked reduction in, if not the destruction of, the benevolent Welfare State. The...
Persistent link: https://www.econbiz.de/10005406444