Mayda, Anna Maria. <br/><br/>
Risk, Government and Globalization:  International Survey Evidence / 
Anna Maria Mayda, Kevin H. O'Rourke, Richard Sinnott. 
 - Cambridge, Mass.  National Bureau of Economic Research  2007. 
 - 1 online resource:  illustrations (black and white); 
 - NBER working paper series  no. w13037 .
 - Working Paper Series (National Bureau of Economic Research)  no. w13037. .
<br/><br/> April 2007. 
<br/><br/> This paper uses international survey data to document two stylized facts. First, risk aversion is associated with anti-trade attitudes. Second, this effect is smaller in countries with greater levels of government expenditure. The paper thus provides evidence for the microeconomic underpinnings of the argument associated with Ruggie (1982), Rodrik (1998) and others that government spending can bolster support for globalization by reducing the risk associated with it in the minds of voters. 
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