The classical liberals believed that democracy and free trade would reduce the incidence of war. Here we conduct new tests of the `democratic peace', incorporating into the analyses of Maoz & Russett (1993) a measure of economic interdependence based on the economic importance of bilateral...

The proposition that democracies rarely fight each other in the modern international system is increasingly accepted, and of great importance to theory and practice. Yet the reasons behind this phenomenon, and hence expectations as to how it may operate under other conditions, are still not well...

Some recent analyses challenge previous reports which show that economically important trade significantly reduces the probability of militarized disputes between countries. Beck et al. (1998) address the effect of temporal dependence in the time-series data on empirical support for the liberal...

Two studies question whether economic interdependence promotes peace, arguing that previous research has not adequately considered the endogeneity of trade. Using simultaneous equations to capture the reciprocal effects, they report that trade does not reduce conflict, though conflict reduces...