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Democratic Trading Partners: The Liberal Connection, 1962-1989
Abstract
Many liberals believe that shared democracy can be a foundation for peace not only directly, but indirectly through increased trade between countries as well. We test the hypothesis that democratic states will conduct more trade with each other by relating pairs of states' trade to their political regime type, official language, openness to trade, alliance status, and the presence of militarized disputes, as well as to the states' gross domestic product and the distance between them. We report analyses for 882 dyads from 1962 to 1989 and for 1,042 dyads from 1973 to 1989. Our results provide strong support for the hypothesis that shared democratic polity, common language, and openness to trade are associated with higher values of international trade.
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Cites
What To Do (and Not to Do) with Time-Series Cross-Section Data
Beck, N., & Katz, J. N. (1995) · American Political Science Review · doi:10.2307/2082979 · Cited by 6,840
The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988
Summers, R., & Heston, A. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937941 · Cited by 3,429
Cited by
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Paris, R. (2004) · Cambridge University Press eBooks · doi:10.1017/cbo9780511790836 · Cited by 1,365
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Gartzke, E. (2007) · American Journal of Political Science · doi:10.1111/j.1540-5907.2007.00244.x · Cited by 744
Optimal Obfuscation: Democracy and Trade Policy Transparency
KONO, D. Y. (2006) · American Political Science Review · doi:10.1017/s0003055406062241 · Cited by 417
The relevance of political affinity for the initial acquisition premium in cross‐border acquisitions
Bertrand, O., Betschinger, M., & Settles, A. (2016) · Strategic Management Journal · doi:10.1002/smj.2438 · Cited by 191
Metadata
- Authors
- Bliss, H., & Russett, B.
- Venue
- The Journal of Politics
- Publisher
- University of Chicago Press
- Published
- 1998-11
- Volume
- 60
- Issue
- 4
- Pages
- 1126-1147
- ISSN
- 0022-3816 (ISSN-L)
- 1468-2508
- OpenAlex
- W2129702170
- Cited by
- 215
- References
- 3
- FWCI
- 14.33
- Type
- journal article
- Language
- en
- Open access
- closed
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