000			02079nab a2200241 c 4500
999			_c144471 _d144471
003			ES-MaIEF
005			20210723134335.0
007			ta
008			210723t2021 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100	1		_969149 _aHeimberger, Philipp
245		0	_aDoes economic globalization affect government spending? _ba meta‑analysis _c Philipp Heimberger
260			_c2021
500			_aDisponible también en formato electrónico.
500			_aResumen.
504			_aBibliografía.
520			_aDespite extensive econometric testing, the research literature has been unable to draw firm conclusions regarding the effect of economic globalization on government spending. This paper explores various dimensions of the wide variation in existing estimates of the globalization-spending relationship. By applying meta-analysis and meta-regression methods to a unique data set consisting of 1182 observations from 79 peer-reviewed articles, we find that the evidence rejects theoretical views predicting strong unidirectional effects of economic globalization on government spending. Once we account for publication selection bias, no evidence of a non-zero average empirical effect is found. More importantly, however, the type of government spending matters: while the results are consistent with the view that economic globalization exerts small-to-moderate downward pressure on government spending for social protection and welfare, other spending components are affected less significantly. The meta-regression analysis shows further that several factors influence the globalization-spending estimates reported in the literature, including the choice of the economic globalization indicator, details of the econometric specifications, and publication characteristics.
650		4	_944787 _aGASTO PUBLICO
650		4	_936211 _aGLOBALIZACION (ECONOMIA)
650		4	_947776 _aMODELOS ECONOMETRICOS
773	0		_9165443 _oOP 1443/2021/187/3/4 _tPublic Choice _w(IEF)124378 _x 0048-5829 _gv. 187, n. 3-4, June 2021, p. 349-374
942			_cART