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Demokratischer Wirtschaftsfrieden

Boryslav Brekhov

No 5, Potsdam Economic Papers from Universität Potsdam, Wirtschafts- und Sozialwissenschaftliche Fakultät

Abstract: This empirical study examines the influence of regime type on the initiation and severity of economic sanctions using regression analyses. The results indicate a more peaceful economic relationship among democracies. Previous research explains the economic peace through the use of institutional theory. This study contrasts this rational cost-benefit-logic with constructivist theory, which ascribes the peaceful conflict resolution among democracies to the formation of a shared identity as well as shared values and norms.

Keywords: Constructivism; Democratic Peace; Economic Peace; Economic Sanctions; Institutional Theory (search for similar items in EconPapers)
Date: 2016-10
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