The Geography of Conflicts and Regional Trade Agreements
研究了区域贸易协定(RTA)如何通过增加冲突的机会成本促进和平,发现历史上冲突多的国家更可能签署RTA,且贸易收益越大这种倾向越强。
In addition to standard trade gains, regional trade agreements (RTAs) can promote peaceful relations by increasing the opportunity cost of conflicts. Country pairs with large trade gains from RTAs and a high probability of conflict should be more likely to sign an RTA. Using data from 1950 to 2000, we show that this complementarity between economic and politics determines the geography of RTAs. We disentangle trade gains from political factors by a theory-driven empirical estimation and find that country pairs with higher frequency of past wars are more likely to sign RTAs, the more so the larger the trade gains.