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Vetoing Co-operation: The Impact of Veto Players on Preferential Trading Arrangements

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  • MANSFIELD, EDWARD D.
  • MILNER, HELEN V.
  • PEVEHOUSE, JON C.

Abstract

Since the Second World War, preferential trading arrangements (PTAs) have become increasingly pervasive features of the international economic system. A great deal of research has addressed the economic consequences of these arrangements, but far less effort has been made to identify the political factors leading states to enter them. In this article, the domestic political factors affecting whether countries enter PTAs are investigated, placing particular emphasis on the number of veto players within a state. It is argued that the probability of forming a PTA declines as the number of such players rises. The results, covering 194 countries from 1950 to 1999, strongly support this argument. Holding various political and economic factors constant, increasing the number of veto players within a country significantly reduces the probability of signing a PTA.

Suggested Citation

  • Mansfield, Edward D. & Milner, Helen V. & Pevehouse, Jon C., 2007. "Vetoing Co-operation: The Impact of Veto Players on Preferential Trading Arrangements," British Journal of Political Science, Cambridge University Press, vol. 37(3), pages 403-432, July.
    • Handle: RePEc:cup:bjposi:v:37:y:2007:i:03:p:403-432_00
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    Cited by:

    1. Thao, Chu Minh, 2018. "The Transformation Of Vietnamese Trade Policy," OSF Preprints 7qdnt, Center for Open Science.
    2. Timothy M Peterson, 2011. "Third-party trade, political similarity, and dyadic conflict," Journal of Peace Research, Peace Research Institute Oslo, vol. 48(2), pages 185-200, March.
    3. Mariano Tommasi & Carlos Scartascini & Ernesto Stein, 2014. "Veto players and policy adaptability: An intertemporal perspective," Journal of Theoretical Politics, , vol. 26(2), pages 222-248, April.
    4. Scartascini, Carlos & Stein, Ernesto H. & Tommasi, Mariano, 2008. "Veto Players, Intertemporal Interactions and Policy Adaptability: How Do Political Institutions Work?," IDB Publications (Working Papers) 3352, Inter-American Development Bank.
    5. Nizan Feldman & Tal Sadeh, 2018. "War and Third-party Trade," Journal of Conflict Resolution, Peace Science Society (International), vol. 62(1), pages 119-142, January.
    6. Baier, Scott L. & Yotov, Yoto V. & Zylkin, Thomas, 2019. "On the widely differing effects of free trade agreements: Lessons from twenty years of trade integration," Journal of International Economics, Elsevier, vol. 116(C), pages 206-226.
    7. Farrell Henry & Newman Abraham L., 2015. "Structuring power: business and authority beyond the nation state," Business and Politics, De Gruyter, vol. 17(3), pages 527-552, October.
    8. Ka Zeng & Yue Lu & Ya‐wei Li, 2021. "Trade agreements and Global Value Chain (GVC) participation: Evidence from Chinese industries," Economics and Politics, Wiley Blackwell, vol. 33(3), pages 533-582, November.
    9. Oliver Westerwinter, 2017. "Barbara Koremenos. 2016. The continent of international law. Explaining agreement design. (Cambridge: Cambridge University Press)," The Review of International Organizations, Springer, vol. 12(4), pages 647-651, December.
    10. Andreas Dür & Leonardo Baccini & Manfred Elsig, 2014. "The design of international trade agreements: Introducing a new dataset," The Review of International Organizations, Springer, vol. 9(3), pages 353-375, September.
    11. Yonatan Lupu, 2016. "Why Do States Join Some Universal Treaties but Not Others? An Analysis of Treaty Commitment Preferences," Journal of Conflict Resolution, Peace Science Society (International), vol. 60(7), pages 1219-1250, October.
    12. Lauren Peritz, 2018. "Obstructing integration: Domestic politics and the European Court of Justice," European Union Politics, , vol. 19(3), pages 427-457, September.

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