Garfinkel, Michelle R.; Skaperdas, Stergios; … - Department of Economics, University of California-Irvine - 2008
We argue that the costs of domestic and transnational insecurity are large and economically significant and that they may vary with the trade regime of a country. Then, in evaluating trade regimes, the gains from trade need to be weighed against the change in the security costs they induce....