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Dispute Settlement Mechanisms in Preferential Trade Agreements

Democracy, Boilerplates, and the Multilateral Trade Regime

Bibliographic Data

ID6284946
AuthorsHyeran Jo (0000-0002-5787-912X, Texas A&M University), Hyun Namgung (Texas A&M University)
Year2012
Volume56
Issue6
Pages1041-1068
Publication date2012-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Conflict Resolution (JOURNAL)
Journal identifiersISSN: 0022-0027 • E-ISSN: 1552-8766
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0022002712445731
OpenAlexW2075014923
LanguageEN
Citations received24
References cited44

Preferential trade agreements (PTAs) have increased dramatically in the past several decades and play an important role in the global economy. Dispute settlement mechanisms (DSMs) in these international agreements significantly influence their functioning. In this article, the authors seek to understand what factors determine the legal arrangements of these mechanisms. The authors argue that the confluence of domestic political regime type, emulation incentives, and the development of the multilateral trade regime determines their legal dimension. Using a data set of PTAs between 1957 and 2008, the authors show that (1) democracies are more likely than autocracies to prefer moderately strict DSMs, (2) trading partners increasingly emulate each other by adopting similar legal templates, and (3) the recent trend against legalistic mechanisms is largely driven by the development of the multilateral trade regime. Their findings have important implications for the design of international institutions by highlighting the importance of member-specific as well as macro-level factors

Autocracy · Business · Democracy · Economics · Incentive · International economics · International trade · Market economy · Political science · Politics · Global trade and economics · International Arbitration and Investment Law · Law · World Trade Organization Law

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Unique citing works24
Citations per year1,85
Citation span2013 - 2026 (14)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 24

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