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rarely fight each other. A general theory of conflict between two countries is presented and empirical analysis applies this … theory to the question of why democracies rarely fight each other. The results show that the fundamental factor in causing … conflict and more cooperation …
Persistent link: https://www.econbiz.de/10014074404
One issue the literature neglects is how outsourcing stimulates trade (imports, exports and foreign direct investment), thereby affecting political relations. However, at least as far back as 1750, economic philosophers such as Baron de Montesquieu in his L'Esprit des Lois, argued, peace is the...
Persistent link: https://www.econbiz.de/10002452365
vulnerable to the repercussions of conflict. In this context, this paper analyses the relationship between trade and conflict … from a trade perspective: Using data from UCDP and COMTRADE this paper studies the effects of five different conflict types …, this paper finds that the heterogeneity of conflict types and their distinct characteristics matter for the magnitude and …
Persistent link: https://www.econbiz.de/10013266361
comparative advantage leads to gains from trade. If political conflict leads to a diminution of trade, then at least a portion of … the costs of conflict can be measured by a nation's lost gains from trade. The greater two nations' gains from trade the … more costly is bilateral (dyadic) conflict. This notion forms the basis of Baron de Montesquieu's assertion regarding …
Persistent link: https://www.econbiz.de/10014024398
nations, as in a strategic game of international conflict handing over military spending decisions to citizens who face a …
Persistent link: https://www.econbiz.de/10011452800
Persistent link: https://www.econbiz.de/10012438271
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Persistent link: https://www.econbiz.de/10003382770
Does democracy affect trade? There are several channels by which democracy may affect trade, with differing … paper, I analyze the effect of democracy on trade by augmenting the gravity equation with democracy. Using a rich panel data … set and controlling for the endogeneity of democracy, I find empirical evidence consistent with the hypothesis that …
Persistent link: https://www.econbiz.de/10014057275
Persistent link: https://www.econbiz.de/10012134537