Public finance and individual preferences over globalization strategies

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Public finance and individual preferences ove ...
Gordon H. Hanson
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December 13, 2020 | History

Public finance and individual preferences over globalization strategies

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"In the absence of distortionary tax and spending policies, freer immigration and trade for a country would often be supported by similar groups thanks to similar impacts on labor income. But government policies that redistribute income may alter the distributional politics. In particular, immigrants may pay taxes and receive public services. Imports, obviously, can do neither of these. This suggests quite different political coalitions may organize around trade and immigration. In this paper we develop a framework for examining how pre-tax and post-tax cleavages may differ across globalization strategies and also fiscal jurisdictions. We then apply this framework to the case of individual immigration and trade preferences across U.S. states. We have two main findings. First, high exposure to immigrant fiscal pressures reduces support for freer immigration among natives, especially the more-skilled. Second, there is no public-finance variation in opinion over trade policy, consistent with the data that U.S. trade policy has negligible fiscal-policy impacts. Public-finance concerns appear to be crucial in shaping opinions towards alternative globalization strategies"--National Bureau of Economic Research web site.

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Language
English

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Cover of: Public finance and individual preferences over globalization strategies
Public finance and individual preferences over globalization strategies
2005, National Bureau of Economic Research
Electronic resource in English

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Edition Notes

Includes bibliographical references.
Title from PDF file as viewed on 1/24/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series ;, working paper 11028, Working paper series (National Bureau of Economic Research : Online) ;, working paper no. 11028.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL3476645M
LCCN
2005616174

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