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This paper assesses whether the sensitivity of bilateral trade volumes to various trade cost factors is constant or varies across countries. It utilizes a random coeffcients model and analyses a cross-sectional sample of bilateral trade data for 96 countries in 2005. We expect the elasticity of...
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We investigate the role of networks of military alliances in preventing or encouraging wars between groups of countries …, we show that there do not exist any networks that are stable against the addition and deletion of alliances. We then show … that economic benefits from international trade can provide incentives to form alliances in ways that restore stability and …
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We analyze the role of economic and security considerations in bilateral trade agreements. We use the pre-World War I …
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