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Do Economists Have a Fatherland? How Global and National Efficiency Considerations Influence Economists’ Policy Judgements

Author

Listed:
  • Jacob Robert

    (Department for Economic and Social Psychology, University of Cologne, Albertus-Magnus-Platz,Köln, Germany)

  • Fetchenhauer Detlef

    (Department for Economic and Social Psychology, University of Cologne, Albertus-Magnus-Platz,Köln, Germany)

  • Christandl Fabian

    (Hochschule Fresenius Cologne, University of Applied Sciences, Johannes-Gutenberg-Straße 3,Wiener Neustadt, Austria)

Abstract

This study evaluates whether economists support economic policies such as free trade because they deem them to be good for their home country or because they increase global welfare. In a telephone survey, 100 German economists were asked to judge different policy proposals dealing with immigration, military exports and climate policy. Our results show that the acceptance of the policy proposals is strongly influenced by national efficiency judgements. In contrast, global efficiency judgements exert no significant positive effect on policy proposal acceptance. These effects even hold for economists who self-reported a global perspective in the assessment of the policy proposals. These judgements might be based on the potentially erroneous assumption that their policy judgements, taken from a national perspective, are consistent with global interests.

Suggested Citation

  • Jacob Robert & Fetchenhauer Detlef & Christandl Fabian, 2014. "Do Economists Have a Fatherland? How Global and National Efficiency Considerations Influence Economists’ Policy Judgements," German Economic Review, De Gruyter, vol. 15(4), pages 473-496, December.
    • Handle: RePEc:bpj:germec:v:15:y:2014:i:4:p:473-496
    DOI: 10.1111/geer.12017
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