The Politics of Economic Adjustment in a Liberal Market Economy

The Social Compensation Hypothesis Revisited

Datos Bibliográficos

ID6074904
AutoresNiamh Hardiman (0000-0002-3233-0181, University College Dublin, autor de correspondencia), Patrick Murphy (0000-0002-2299-1699, University College Dublin, autor de correspondencia), P G Murphy (0000-0002-7446-7071), Orlaith Burke (University College Dublin, autor de correspondencia)
Año2008
Volumen23
Número4
Páginas599-626
Fecha de publicación2008-12-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaIrish Political Studies (JOURNAL)
Identificadores de la revistaISSN: 0790-7184 • E-ISSN: 1743-9078
EditorialInforma UK Limited (PUBLISHER • GB)
DOI10.1080/07907180802452838
OpenAlexW1970231232
IdiomaEN
Citas recibidas6
Referencias citadas50

The ‘compensation hypothesis’ holds that increasing trade exposure gives rise to pressures for an expansion in public spending, especially on welfare items. We argue that the underlying relationship between economic openness and public spending and particularly on welfare effort in Ireland shows a surprising consistency that is at odds with this hypothesis. Our preliminary estimates show a persistently weak relationship between trade openness and ‘social compensation’, unlike the experience of other small open economies. We seek to explain these findings with reference to both structural economic constraints and domestic political preferences

Compensation (psychology) · Consistency (knowledge bases) · Economics · Market economy · Odds · Openness to experience · Political science · Politics · Public economics · Public spending · Social Welfare · Welfare · Law · Social Policy and Reform Studies · Social Psychology