Explaining Nineteenth-Century Bilateralism: Economic and Political Determinants of the Cobden-Chevalier Network
AbstractThis study investigates the empirical determinants of the treaty network of the 1860s and 1870s. It makes use of three central theories about the determinants of PTA formation, considering economic fundamentals from neoclassical and ‘new’ trade theory, political-economy variables, and international interaction due to trade diversion fears (dependence of later PTAs on former). These possible determinants are operationalized using a newly constructed dataset for bilateral cooperation and non-cooperation among 13 European Countries and the US. The results of logistic regression analysis show that the treaty network can be explained by a combination of ‘pure’ welfare-oriented economic theory with political economy and international interaction models.
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Bibliographic InfoPaper provided by Center for Quantitative Economics (CQE), University of Muenster in its series CQE Working Papers with number 1410.
Length: 40 pages
Date of creation: May 2010
Date of revision:
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Cobden-Chevalier Network; Bilateralism;
Other versions of this item:
- Markus Lampe, 2011. "Explaining nineteenth‐century bilateralism: economic and political determinants of the Cobden–Chevalier network," Economic History Review, Economic History Society, vol. 64(2), pages 644-668, 05.
- Markus Lampe, 2010. "Explaining nineteenth-century bilateralism: economic and political determinants of the Cobden-Chevalier network," Working Papers in Economic History wp10-06, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- A - General Economics and Teaching
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- NEP-ALL-2010-05-29 (All new papers)
- NEP-HIS-2010-05-29 (Business, Economic & Financial History)
- NEP-INT-2010-05-29 (International Trade)
- NEP-POL-2010-05-29 (Positive Political Economics)
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