IDEAS home Printed from https://ideas.repec.org/a/sae/joupea/v40y2003i6p721-725.html
   My bibliography  Save this article

Measuring Interdependence and Its Pacific Benefits: A Reply to Gartzke & Li

Author

Listed:
  • John R. Oneal

Abstract

Gartzke & Li’s ‘Measure for Measure’ usefully clarifies the mathematical relationships linking trade dependence , openness , and trade share . Oneal and Gartzke & Li agree on allmajor points: (1) high trade dependence , indicated by the lower bilateral trade-to-GDP ratio in each dyad, reduces the likelihood of violent interstate conflict; (2) openness , measured by the total trade-to-GDP ratio for the same state, also has important pacific benefits; and (3) trade share , the ratio of bilateral to total trade, is not a good measure of economic interdependence, because it does not capture the economic (and hence political) importance of states’ bilateral trade. The substantive benefits of both trade dependence and openness can easily be shown. Oneal analyzes militarized interstate disputes using the best available data for trade and conflict and controls for duration dependence. With all dyads included, a one standard-deviation increase in dependence lowers the risk of a fatal dispute by 62%; such an increase in openness reduces it by 25%. These results are consistent with more than 30 published or forthcoming studies that show that economic interdependence reduces the likelihood of interstate conflict.

Suggested Citation

  • John R. Oneal, 2003. "Measuring Interdependence and Its Pacific Benefits: A Reply to Gartzke & Li," Journal of Peace Research, Peace Research Institute Oslo, vol. 40(6), pages 721-725, November.
    • Handle: RePEc:sae:joupea:v:40:y:2003:i:6:p:721-725
    as

    Download full text from publisher

    File URL: http://jpr.sagepub.com/content/40/6/721.abstract
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Weede Erich, 2006. "Globale Ordnungspolitik im Zeitalter amerikanischer Hegemonie: Kritische Anmerkungen dazu, wie man Demokratie und Kapitalismus nicht verbreiten kann / Global Order in the Era of American Hegemony," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 57(1), pages 371-392, January.
    2. Christopher J. Coyne & Anne R. Bradley, 2019. "Ludwig von Mises on war and the economy," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 32(3), pages 215-228, September.
    3. Erich Weede, 2011. "The Capitalist Peace," Chapters, in: Christopher J. Coyne & Rachel L. Mathers (ed.), The Handbook on the Political Economy of War, chapter 14, Edward Elgar Publishing.

    More about this item

    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:sae:joupea:v:40:y:2003:i:6:p:721-725. 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: SAGE Publications (email available below). General contact details of provider: http://www.prio.no/ .

    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.