4 research outputs found
Individual attitudes towards trade: Stolper-Samuelson revisited
This paper studies to what extent individuals form their preferences towards trade policies along the lines of the Stolper-Samuelson logic. We employ a novel international survey data set with an extensive coverage of high-, middle-, and low-income countries, address a subtle methodological shortcoming in previous studies and condition on aspects of individualenlightenment. We find statistically significant and economically large Stolper-Samuelson effects. In the United States, being high-skilled increases an individual's probability of favoring free trade by up to twelve percentage points, other things equal. In Ethiopia, the effect amounts to eight percentage points, but in exactly the opposite direction. --Trade policy,Voter preferences,Political economy
Individual Attitudes Towards Trade: Stolper-Samuelson Revisited
This paper studies to what extent individuals form their preferences towards trade policies along the lines of the Stolper-Samuelson logic. We employ a novel international survey data set with an extensive coverage of high-, middle-, and low-income countries, address a subtle methodological shortcoming in previous studies and condition on aspects of individual âenlightenmentâ. We find statistically significant and economically large Stolper-Samuelson effects. In the United States, being high-skilled increases an individualâs probability of favoring free trade by up to twelve percentage points, other things equal. In Ethiopia, the effect amounts to eight percentage points, but in exactly the opposite direction
The effects of heterogeneous sanctions on exporting firms: Evidence from Denmark
AbstractSanctions encompass a wide set of policy instruments restricting crossâborder economic activities. In this paper, we study how different types of sanctions affect the export behavior of firms to the targeted countries. We combine Danish register data, including information on firmâdestinationâspecific exports, with information on sanctions imposed by Denmark from the Global Sanctions Database. Our data allow us to study firms' export behavior in 62 sanctioned countries, amounting to a total of 453 countryâyears with sanctions over the period 2000â2015. Methodologically, we apply a twoâstage estimation strategy to properly account for multilateral resistance terms. We find that, on average, sanctions lead to a significant reduction in firms' destinationâspecific exports and a significant increase in firms' probability to exit the destination. Next, we study heterogeneity in the effects of sanctions across (i) sanction types and sanction packages, (ii) the objectives of sanctions, and (iii) countries subject to sanctions. Results confirm that the effects of sanctions on firms' export behavior vary considerably across these three dimensions