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 examine the …

Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (quot;compensation hypothesisquot;). 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 …

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 …

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 …

Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …

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 …