Do People Really Support Trade Restrictions? Cross-Country Evidence
Posted: 25 Oct 2018
Date Written: 2015
We investigate the effect of trade restrictions on the perception of well-being. Using combined cross-sectional micro data from the World Values Survey and the European Values Survey of individuals in 89 countries, we find that citizens of a country with a lower degree of trade restrictions are more satisfied with their lives. The results are also robust across different measures of well-being, different definitions of trade restrictions, different estimation methods, and different sample sizes.
Keywords: trade restrictions; perception of well-being; trade policy
JEL Classification: F10
Suggested Citation: Suggested Citation