You are welcome to the Department of Economics and Finance research seminar "The Political Globalisation Trilemma Revisited: An Empirical Assessment Across Countries and Over Time". The seminar will take place on 8 September, at 16:00 - 17:00 in room SOC-414 and can be also followed on MS Teams (link).
Presenter: Professor Michael Funke (University of Hamburg / TalTech).
Abstract: The political hyperglobalisation 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 presents a new and comprehensive cross-country panel dataset operationalising the multifaceted three vertices of the trilemma. After an 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 globalisation trilemma.
JEL Classification: F60; F62; F15; F68
The public research seminars of the Department of Economics and Finance (DEF) at Tallinn University of Technology usually take place on the second and fourth Wednesdays of the month in both onsite and online format, unless announced otherwise. The presentation will last approximately 45 minutes followed by 15 minutes of discussion. The seminars are held in English. Copies of the paper are usually made available at the seminar. The DEF seminar series is organised in collaboration with the project ”Individual Behaviour and Economic Performance: Methodological Challenges and Institutional Context” (IBEP), which has received funding from the European Union’s Horizon 2020 Research and Innovation programme under Grant Agreement No 952574. Questions about the seminar can be sent to the IBEP seminar coordinator Kadri Männasoo, firstname.lastname@example.org.