We are pleased to announce that on Thursday, June 30, 2022, the Center for Positive\/Empirical Analysis of Political Economy will be inviting\u00a0Professor Megumi\u00a0Naoi (University of California, San Diego) to hold a seminar titled\u00a0“How Embedded Liberalism Failed Stimulus Resentment and the Rise of Protectionism in the United States”.<\/p>\n
Open to members of Waseda University and the general public. Free admission.<\/p>\n
Abstract<\/strong><\/p>\n This study demonstrates that the rise of protectionist sentiment among Republican voters is rooted in stimulus allocation during the Great Recession. I leverage project-level, geo-referenced stimulus allocation data under the Obama administration\u2019s American Recovery and Reinvestment Act (ARRA) merged with nationally-representative survey data before, during and after the stimulus deployment. The difference-in-differences estimates suggest that it is not scarcity of government-funded jobs that gave rise to protectionism among Republican voters. Rather, protectionism emerged in response to credit-claiming by the Obama administration that came with more generous allocation of ARRA-funded jobs. I devise two identification strategies, one that leverages variations in states\u2019 compliance to the Federal Highway Administration\u2019s order to install road signs for the ARRA-funded infrastructural projects and a second that utilizes the allocation of ARRA-funded jobs in the renewable energy sector based on solar and wind-generation suitability factors. The results lend support to the causal effect of stimulus allocation on the rise of protectionism during the Great Recession.<\/p>\n <\/p>\n Organizers: Tago Atsushi (tago@waseda.jp<\/a>) \/ Yuriko Takahashi (ytakahashi@waseda.jp<\/a>)<\/p>\n Sponsored by the Center for Positive\/Empirical Analysis of Political Economy.<\/p>\n","protected":false},"excerpt":{"rendered":" We are pleased to announce that on Thursday, June 30, 2022, the Center for Positive\/Empirical Analysis of Poli […]<\/p>\n","protected":false},"author":3,"featured_media":15297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[83,99],"class_list":["post-15260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-events-en","tag-en-eape"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/posts\/15260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/comments?post=15260"}],"version-history":[{"count":2,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/posts\/15260\/revisions"}],"predecessor-version":[{"id":15462,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/posts\/15260\/revisions\/15462"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/media\/15297"}],"wp:attachment":[{"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/media?parent=15260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/categories?post=15260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/tags?post=15260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}