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US security strategy and the gains from bilateral trade
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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
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Official URL: http://dx.doi.org/10.1111/roie.12141
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 | ||||||||
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| 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: |
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| 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 |
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