Economic Integration and the Civilizing Commerce Hypothesis
Anderson, James. “Economic Integration and the Civilizing Commerce Hypothesis”. Boston College Working Papers in Economics 673, 2005.
Abstract
Economic integration lowers one form of trade costs, tariffs, and stimulates changes in other trade costs. This paper offers a model in which integration may raise or lower the important trade cost associated with insecurity. The model can help to explain the varied experience with integration and it points to the usefulness of combining enforcement policy integration with trade policy integration.