The political globalization trilemma revisited: An empirical assessment across countries and over time

被引:2
|
作者
Funke, Michael [1 ,2 ]
Zhong, Doudou [1 ]
机构
[1] Hamburg Univ, Dept Econ, Hamburg, Germany
[2] Tallinn Univ Technol, Dept Econ & Finance, Tallinn, Estonia
关键词
democratic politics; globalization; national sovereignty; political trilemma; IMPORT COMPETITION; VARIANCE TEST; LONG-RUN; COINTEGRATION; DEMOCRACY; SOVEREIGNTY; TESTS;
D O I
10.1111/ecpo.12235
中图分类号
F [经济];
学科分类号
02 ;
摘要
The political globalization trilemma asserts that a government cannot simultaneously opt for deep international integration, national sovereignty and democratic politics, but rather is constrained to choosing two of the three at most. This paper employs cross-country panel data operationalizing the multifaceted three vertices of the trilemma. After explorative data analysis, we employ panel error-correction techniques to uncover the mutual interdependencies among the variables in the system. The econometric evidence supports the existence of a long-run relationship between economic integration, national sovereignty and democratic politics as postulated in the political globalization trilemma.
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页码:177 / 201
页数:25
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