IDEAS home Printed from https://ideas.repec.org/a/epc/journl/v2y2007i2p60-68.html
   My bibliography  Save this article

How trade affects international interactions

Author

Listed:
  • Solomon W. Polachek

    (State University of New York at Binghamton)

Abstract

A viable peace is one that comes about naturally and persists without the need for outside intervention. At least since Baron de Montesquieu’s statement that “peace is the natural effect of trade. Two nations who traffic with each other become reciprocally dependent; for if one has the interest in buying, the other has the interest in selling and thus their union is founded on the mutual necessities (1748) a number of economists and political scientists maintained that trade among nations leads to peace. That logic is as follows: if a target country that is the recipient of conflict retaliates by cutting its trade ties with the conflict instigator, then a portion of the costs of conflict born by the instigator results from its lost gains from trade. Conflict is more costly the higher these gains from trade losses. This article summarizes some of the empirical work testing this proposition.

Suggested Citation

  • Solomon W. Polachek, 2007. "How trade affects international interactions," Economics of Peace and Security Journal, EPS Publishing, vol. 2(2), pages 60-68, June.
  • Handle: RePEc:epc:journl:v:2:y:2007:i:2:p:60-68
    as

    Download full text from publisher

    File URL: http://www.epsjournal.org.uk/index.php/EPSJ/article/view/52
    Download Restriction: Open access 24 months after original publication.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. J. Paul Dunne & Nan Tian, 2015. "Military Expenditure, Economic Growth and Heterogeneity," Defence and Peace Economics, Taylor & Francis Journals, vol. 26(1), pages 15-31, February.
    2. Brauer Jurgen, 2017. "‘Of the Expence of Defence’: What Has Changed Since Adam Smith?," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 23(2), pages 1-14, April.
    3. repec:ldr:wpaper:95 is not listed on IDEAS

    More about this item

    Keywords

    Trade; conflict;

    JEL classification:

    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • F1 - International Economics - - Trade

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:epc:journl:v:2:y:2007:i:2:p:60-68. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael Brown, Managing Editor, EPSJ (email available below). General contact details of provider: https://edirc.repec.org/data/ecaarea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.