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DESCRIPTION:Moynihan Institute of Global Affairs&nbsp\;presentEconomic Inte
 gration Drives Ethnocentrism: Evidence from Consumer Responses to Foreign 
 Acquisitions&nbsp\;Authors: Aycan Katitas\, Sonal Pandya\, Raj VenkatesanA
  talk by Sonal Pandya\, Associate Professor of Politics\, University of Vi
 rginiaDoes global economic integration fuel ethnocentrism? We leverage the
  implied nationality of American-sounding brands to measure weekly fluctua
 tions in local ethnocentrism following&nbsp\; foreign acquisitions of Amer
 ican firms. Changes in the market share of American-sounding supermarket b
 rands in a given store capture the local community’s shifting attachment t
 o American national identity. Foreign acquisitions are exogenous shocks th
 at make national identity more salient to consumers but do not immediately
  change any other product characteristics. We find that the market share o
 f American-sounding brands increases in stores located in counties where a
  local firm’s foreign acquisitions was announced a week prior. This findin
 g holds for acquisitions originating in the UK and Canada but no other cou
 ntries\; and acquisitions in some national security sensitive industries. 
 A placebo test with wholly domestic acquisitions verifies acquisitions mor
 e generally\, and their attendant distributive consequences\, do not drive
  our results. We establish the causal effect of global economic integratio
 n on ethnocentrism with a high external validity and using a high frequenc
 y\, geographically disaggregated\, behavioral measure of ethnocentrism. Fo
 r more information or to request accessibility arrangements\, please conta
 ct Dan McDowell\, dmcdowel@syr.edu.
DTEND:20181115T180000Z
DTSTAMP:20260511T192403Z
DTSTART:20181115T170000Z
LOCATION:
SEQUENCE:0
SUMMARY:Economic Integration Drives Ethnocentrism: Evidence from Consumer R
 esponses to Foreign Acquisitions
UID:RFCALITEM639141098438824979
X-ALT-DESC;FMTTYPE=text/html:<p>Moynihan Institute of Global Affairs&nbsp\;
 </p><p>present</p><p><b>Economic Integration Drives Ethnocentrism: Evidenc
 e from Consumer Responses to Foreign Acquisitions&nbsp\;</b></p><p>Authors
 : Aycan Katitas\, Sonal Pandya\, Raj Venkatesan</p><p>A talk by Sonal Pand
 ya\, Associate Professor of Politics\, University of Virginia</p><p><br></
 p><p>Does global economic integration fuel ethnocentrism? We leverage the 
 implied nationality of American-sounding brands to measure weekly fluctuat
 ions in local ethnocentrism following&nbsp\; foreign acquisitions of Ameri
 can firms. Changes in the market share of American-sounding supermarket br
 ands in a given store capture the local community’s shifting attachment to
  American national identity. Foreign acquisitions are exogenous shocks tha
 t make national identity more salient to consumers but do not immediately 
 change any other product characteristics. We find that the market share of
  American-sounding brands increases in stores located in counties where a 
 local firm’s foreign acquisitions was announced a week prior. This finding
  holds for acquisitions originating in the UK and Canada but no other coun
 tries\; and acquisitions in some national security sensitive industries. A
  placebo test with wholly domestic acquisitions verifies acquisitions more
  generally\, and their attendant distributive consequences\, do not drive 
 our results. We establish the causal effect of global economic integration
  on ethnocentrism with a high external validity and using a high frequency
 \, geographically disaggregated\, behavioral measure of ethnocentrism.</p>
 <p> <br></p><p>For more information or to request accessibility arrangemen
 ts\, please contact Dan McDowell\, dmcdowel@syr.edu.</p>
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