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 Universidad Carlos III, Departamento de Historia Económica e Instituciones in its series Working Papers in Economic History with number wp10-06.
Date of creation: May 2010
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Preferential trade agreements; Anglo-French treaty of Commerce; Bilateralism; Political economy; Qualitative choice models;
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," CQE Working Papers 1410, Center for Quantitative Economics (CQE), University of Muenster.
- N73 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: Pre-1913
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- F5 - International Economics - - International Relations, National Security, and International Political Economy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-06-04 (All new papers)
- NEP-DCM-2010-06-04 (Discrete Choice Models)
- NEP-HIS-2010-06-04 (Business, Economic & Financial History)
- NEP-NET-2010-06-04 (Network Economics)
- NEP-POL-2010-06-04 (Positive Political Economics)
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- Antonio Tena Junguito & Markus Lampe & Felipe Tâmega, 2012.
"How much trade liberalization was there in the world before and after Cobden-Chevalier?,"
Working Papers in Economic History
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