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학술저널

Conceptualizing, Observing, and Measuring of Economic Interdependence Between Trading Countries

The disparity in the theoretical issues as well as in the empirical findings is a set of important questions concerning how to define and measure “economic interdependence” in the literature of debates on the links between economic interdependence and conflict. In this paper, I conceptualized and measured the economic interdependence between trading countries based on the Barbieri’s and Oneal & Russett’s methods. Based on the mathematical relationships linking trade dependence, openness, and trade share in Oneal & Russett’s and Barbieri’s measurement of interdependence, Barbieri’s measure is inversely proportional to openness, where Oneal & Russett’s measure is directly proportional to it. Hence, Barbieri’s finding that interdependence is positively associated with conflict can be explained by her use of a measure that captures disconnectedness from the global economy, rather than interdependence. And Oneal & Russett’s empirical results support liberal thought in which economic interdependence promotes peace.

I. Introduction

II. Review of literature on the economic interdependence and conflict

III. Conceptualizing economic interdependence

IV. Measuring economic interdependence

V. Conclusion

Bibliography

Abstract

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