Bove, Vincenzo, Elia, Leandro and Sekeris, Petros G. (2014) US security strategy and the gains from bilateral trade. Review of International Economics, 22 (5). pp. 863-885. doi:10.1111/roie.12141 ISSN 0965-7576.

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Abstract

We explore the geo-strategic determinants of bilateral trade flows between the USA and the rest of the world. We develop a three-party model of security and trade patterns and use data on military assistance and troop deployments over the 1950–2009 period to validate its predictions. We find that security assistance has significant, positive impacts on the shares of bilateral trade between the USA and the recipient country, results that are robust to issues of reverse causality and hold across different sectors.

Item Type:	Journal Article
Subjects:	J Political Science > JZ International relations
Divisions:	Faculty of Social Sciences > Politics and International Studies
Library of Congress Subject Headings (LCSH):	Intervention (International law), Petroleum industry and trade, Military assistance
Journal or Publication Title:	Review of International Economics
Publisher:	Wiley-Blackwell Publishing Ltd.
ISSN:	0965-7576
Official Date:	November 2014
Dates:	Date Event November 2014 Published 15 July 2014 Available 15 July 2014 Accepted
Volume:	22
Number:	5
Number of Pages:	28
Page Range:	pp. 863-885
DOI:	10.1111/roie.12141
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access
Date of first compliant deposit:	31 December 2015
Date of first compliant Open Access:	28 July 2016

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