International Jurisdiction and International Jurisprudence
In: Proceedings of the annual meeting / American Society of International Law, Band 102, S. 452-454
ISSN: 2169-1118
In: Proceedings of the annual meeting / American Society of International Law, Band 102, S. 452-454
ISSN: 2169-1118
In: International organization, Band 62, Heft 4, S. 621-652
ISSN: 1531-5088
During the past half-century, states have established a large number of international trade institutions, both multilateral and regional in scope. The existing literature on this topic emphasizes that these agreements are chiefly designed to liberalize and increase the flow of overseas commerce. Yet such institutions have another function that has been largely ignored by researchers, namely, reducing volatility in trade policy and trade flows. Exposure to global markets increases the vulnerability of a country's output to terms of trade shocks. Governments seek to insulate their economies from such instability through membership in international trade institutions, particularly the World Trade Organization (WTO) and preferential trading arrangements (PTAs). We hypothesize that these institutions reduce the volatility of overseas commerce. We further hypothesize that, because market actors prefer price stability, trade institutions increase the volume of foreign commerce by reducing trade variability. This article conducts the first large-scale, multivariate statistical tests of these two hypotheses, using annual data on exports for all pairs of countries from 1951 through 2001. The tests provide strong support for our arguments. PTAs and the WTO regime significantly reduce export volatility. In so doing, these institutions also increase export levels.
In: International organization, Band 62, Heft 4, S. 621-652
ISSN: 0020-8183
World Affairs Online
In: International political science abstracts: IPSA, Band 58, Heft 5, S. 680-707
ISSN: 1751-9292
In: International political science abstracts: IPSA, Band 58, Heft 1, S. 102-131
ISSN: 1751-9292
In: International political science abstracts: IPSA, Band 58, Heft 4, S. 562-595
ISSN: 1751-9292
In: International political science abstracts: IPSA, Band 58, Heft 6, S. 784-801
ISSN: 1751-9292
In: International political science abstracts: IPSA, Band 58, Heft 2, S. 253-288
ISSN: 1751-9292
In: International political science abstracts: IPSA, Band 58, Heft 3, S. 402-441
ISSN: 1751-9292
In: PS: political science & politics, Band 41, Heft 3, S. 675-675
In: The international & comparative law quarterly: ICLQ, Band 57, Heft 1, S. 219-224
ISSN: 1471-6895
In: Cooperation and conflict: journal of the Nordic International Studies Association, Band 43, Heft 4, S. 447-468
ISSN: 0010-8367
A review essay on a book by Heikki Patomaki, The Political Economy of Global Security: War, Future Crises and Changes in Global Governance (London & New York: Routledge, 2008).
In: Diplomatic History, Band 32, Heft 1, S. 143-147
In: International journal of legal information: IJLI ; the official journal of the International Association of Law Libraries, Band 36, Heft 1, S. 229-241
ISSN: 2331-4117
In: International journal of legal information: IJLI ; the official journal of the International Association of Law Libraries, Band 36, Heft 3, S. 548-558
ISSN: 2331-4117