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Hegemonic stability theory and 19th century tariff levels in Europe

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  • McKeown, Timothy J.

Abstract

Although the theory of hegemonic stability has attracted an impressive array of adherents, current formulations leave many conceptual issues unresolved. Existing formulations also fail to draw from the theory any implications concerning the process by which a hegemonic state creates and maintains a regime. As an example, Great Britain is generally agreed to have been hegemonic in the nineteenth century, but Britain's behavior was generally inconsistent with that implied by a theory of hegemonic stability. I advance an alternative set of explanations for changes in international tariff levels based on the notion of a “political business cycle.”

Suggested Citation

  • McKeown, Timothy J., 1983. "Hegemonic stability theory and 19th century tariff levels in Europe," International Organization, Cambridge University Press, vol. 37(1), pages 73-91, January.
    • Handle: RePEc:cup:intorg:v:37:y:1983:i:01:p:73-91_00
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    Cited by:

    1. Bayari, Celal, 2015. "Chinese Economy and Central Asia," MPRA Paper 101012, University Library of Munich, Germany, revised 30 Jun 2015.
    2. Rodney D. Ludema & Daniel E. Coates, 1998. "Unilateral Trade Liberalization as Leadership in Trade Negotiations," International Trade 9802002, University Library of Munich, Germany.
    3. Mikael Wigell, 2016. "Conceptualizing regional powers’ geoeconomic strategies: neo-imperialism, neo-mercantilism, hegemony, and liberal institutionalism," Asia Europe Journal, Springer, vol. 14(2), pages 135-151, June.
    4. H. O'Rourke, Kevin, 2000. "British trade policy in the 19th century: a review article1," European Journal of Political Economy, Elsevier, vol. 16(4), pages 829-842, November.
    5. Hausken, Kjell & Plümper, Thomas, 1996. "Hegemons, leaders and followers: A game-theoretic approach to the postwar dynamics of international political economy," MPIfG Discussion Paper 96/1, Max Planck Institute for the Study of Societies.
    6. James Lake & Maia K. Linask, 2015. "Domestic political competition and binding overhang in developing countries," Departmental Working Papers 1503, Southern Methodist University, Department of Economics.
    7. Barry Eichengreen, 1987. "Hegemonic Stability Theories of the International Monetary System," NBER Working Papers 2193, National Bureau of Economic Research, Inc.
    8. Jacob D. Petersen-Perlman & Itay Fischhendler, 2018. "The weakness of the strong: re-examining power in transboundary water dynamics," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 18(2), pages 275-294, April.
    9. Lake, James & Linask, Maia K., 2016. "Could tariffs be pro-cyclical?," Journal of International Economics, Elsevier, vol. 103(C), pages 124-146.
    10. James Lake & Maia Linask, 2016. "Domestic political competition and pro-cyclical import protection," Review of International Economics, Wiley Blackwell, vol. 24(3), pages 564-591, August.
    11. Zürn, Michael, 1987. "Gerechte internationale Regime: Bedingungen und Restriktionen der Entstehung nicht-hegemonialer internationaler Regime untersucht am Beispiel der Weltkommunikationsordnung," EconStor Books, ZBW - Leibniz Information Centre for Economics, volume 5, number 112658, August.
    12. Coates, Daniel E. & Ludema, Rodney D., 1995. "Unilateral tariff reduction as leadership in the political economy of trade negotiations," Discussion Papers, Series II 276, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    13. Bayari, Celal, 2012. "Australian Trade and FDI Relations with Japan: Reflecting on the Past Seven Decades," MPRA Paper 102292, University Library of Munich, Germany, revised 19 Aug 2012.
    14. Coates, Daniel E. & Ludema, Rodney D., 2001. "A theory of trade policy leadership," Journal of Development Economics, Elsevier, vol. 65(1), pages 1-29, June.

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