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How does international trade affect the popularity of governments and leaders? The recent backlash against globalization renders this question extremely topical. Yet, most previous work has looked for political effects of aggregate trade flows without decomposing into particular types of...
Persistent link: https://www.econbiz.de/10012839064
How does international trade affect the popularity of governments and leaders? We provide the first large-scale, systematic evidence that the divide between skilled and unskilled workers worldwide is producing corresponding differences in the response of political preferences to trade shocks....
Persistent link: https://www.econbiz.de/10012910662
Global merchandise trade expanded rapidly over the last 6 1/2 decades and its relationship with global income has seen ebbs and flows. This paper examines the shifts in this relationship using time series data over 1950-2014 and situates it in the current and longer term context. The...
Persistent link: https://www.econbiz.de/10012977826
exogenous countries, and develops new indices to measure the degree of shock transmission in terms of intermediate goods and … value-added embodied in production induced by negative global demand shock to finished goods. After the Global Financial … Crisis (GFC) in 2008, China did not experience a large decline in economic growth, even though China's gross exports fell …
Persistent link: https://www.econbiz.de/10012803934
How does international trade affect the popularity of government and leaders? Using data covering 118 countries and nearly 450,000 individuals, we show that attitudes towards globalisation depend on both individuals' skill levels and the skill intensity of the country's exports and imports. Our...
Persistent link: https://www.econbiz.de/10012917696
How does international trade affect the popularity of governments and leaders? We provide the first large-scale, systematic evidence that the divide between skilled and unskilled workers worldwide is producing respective differences in the response of political preferences to trade shocks. Using...
Persistent link: https://www.econbiz.de/10012930505
far exceed any benefits from lower shock exposure. In the U.S., a repatriation of GVCs would reduce national welfare by 2 …
Persistent link: https://www.econbiz.de/10012514530
How does international trade affect the popularity of governments and leaders? We provide the first large-scale, systematic evidence that the divide between skilled and unskilled workers worldwide is producing corresponding differences in the response of political preferences to trade shocks....
Persistent link: https://www.econbiz.de/10012480715