Cameron G. Thies, Timothy M. Peterson

Intra-Industry Trade

Cooperation and Conflict in the Global Political Economy

• Gebundenes Buch

Produktbeschreibung

Cameron G. Thies is Professor of Political Science and Director of the School of Politics and Global Studies at Arizona State University. Timothy M. Peterson is an Associate Professor of Political Science at the University of South Carolina.

Produktdetails

• Emerging Frontiers in the Global Economy
• Verlag: Stanford University Press
• Seitenzahl: 208
• Erscheinungstermin: 28. Oktober 2015
• Englisch
• Abmessung: 239mm x 159mm x 17mm
• Gewicht: 444g
• ISBN-13: 9780804791335
• ISBN-10: 0804791333
• Artikelnr.: 42787123

Autorenporträt

Cameron G. Thies is Professor of Political Science and Director of the School of Politics and Global Studies at Arizona State University. Timothy M. Peterson is an Associate Professor of Political Science at the University of South Carolina.

Inhaltsangabe

Contents and Abstracts
1Trade Composition and the Global Political Economy
chapter abstract
This chapter introduces the distinction between intra-industry and
inter-industry trade, highlighting the qualitative shift in the nature of
trade over the past several decades. It also introduces the research
question that serves as motivation for the book: Why does trade appear to
be such a powerful force for peace and cooperation today if it was not so
historically? The chapter then discusses why the emergence of
intra-industry trade could explain this change in the relationship between
trade and international politics.
2Conceptualizing and Operationalizing Intra-Industry Trade
chapter abstract
This chapter discusses the several challenges associated with measuring
intra-industry trade. The argument is advanced in favor of using the
bilateral, two-way trade of commodities at the Standard International Trade
Classification (SITC) 4-digit level as a measure of intra-industry trade
best suited to capture states' propensity for cooperation. The chapter
concludes with a discussion of how intra-industry trade varies over time.
3Cooperating to Compete: Intra-industry Trade and the Formation of
Preferential Trade Agreements
chapter abstract
This chapter models preferential trade agreement (PTA) formation as a
competitive process, demonstrating that the presence of bilateral
intra-industry trade informs us as to which states will form PTAs. This
follows because (1) firms benefit from larger markets and increased
efficiency, potentially gaining relative to firms in states left out of the
agreement; (2) intra-industry trade suggests similar productivity, such
that firms in member states are less likely to be harmed by preferentially
reduced trade barriers; and (3) strategic considerations are lessened as
inter-industry specialization decreases.
4Trade Composition and the World Trade Organization: The Effect of
Intra-Industry Trade on the Dispute Settlement Procedure
chapter abstract
This chapter explores how the composition of trade influences the onset of
disputes via the World Trade Organization. This dependent variable is
unique in our analyses because the extent of existing trade is the most
direct cause of disputes. We contend that higher trade volumes, all else
equal, lead to more frequent WTO disputes because more trade suggests more
opportunity for such disputes to arise. However, intra-industry trade can
mitigate this relationship. The higher the proportion of intra-industry
trade, the smaller the dispute-facilitating impact of higher trade volumes.
In fact, if a large enough proportion of trade is composed of two-way
exchange of similar commodities, then trade loses its dispute-facilitating
impact.
5Beyond Liberalization and Development: Intra-Industry Trade and the Onset
of Militarized Disputes
chapter abstract
This chapter examines two conditions identified in previous work that are
thought to promote pacific interstate relations: development, which
suggests potential for gains from trade rather than conquest; and trade
liberalization, which suggests weakness among interests potentially
supporting conflict. The chapter notes that both of these explanations are
incomplete, and suggests that a higher proportion of intra-industry trade
uniquely promotes the emergence of similar interests and preferences, but
not strategic vulnerability, among trade partners. The chapter suggests
that mutual development is insufficient to promote peace in the absence of
intra-industry trade, while intra-industry trade can promote peace even
when levels of liberalization are low.
6The Political Economy of International Affinity: How the Composition of
Trade Influences Preference Similarity and Alliance
chapter abstract
The absence of militarized conflict is only a minimal indicator of peace.
This chapter argues that intra-industry trade promotes the emergence of
common interests among trade partners. However, the reverse case does not
follow: more friendly states do not necessarily engage in more
intra-industry trade, because restrictions on trade in strategic
commodities are lower against friendly states. Accordingly, the chapter
demonstrates that intra-industry trade is associated with converging
foreign policy preference similarity over time, and with the onset and
prevalence of alliances between trade partners.
7Conclusion
chapter abstract
This chapter summarizes the findings from the previous chapters, and
discusses how patterns of intra-industry between the United States and
various Asian states could help us to predict potential future
relationships in the region.