Hadjiyiannis, Costas; Heracleous, Maria S.; Tabakis, … - 2014
We investigate the implications of preferential trade agreements (PTAs) for interstate confl ict. We set up a two … other, and subsequently, all three countries select their import tariffs. We show that PTAs produce both a "peace …-creation " and a " peace-diversion" effect, whereby they reduce the likelihood of confl ict between member countries (peace creation …