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Social Indicators Research

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15-03-2016

The Globalization and Peace Nexus: Findings Using Two Composite Indices

Authors: Christos Kollias, Suzanna-Maria Paleologou

Published in: Social Indicators Research | Issue 3/2017

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Abstract

Drawing on the democratic peace theory, the democracy promoting globalisation hypothesis and the conflict inhibiting effects of international trade literature the paper examines empirically the link between peace and globalization. To this effect, it uses two composite indices. The KOF index that allows for the multidimensionality of the globalization process and the GPI that adopts and quantifies a broader notion of peace, allowing for both an internal as well as an external dimension. The sample, dictated solely by data availability, consists of 132 countries and covers the period 2008–2012. The findings from estimating a dynamic panel model using various estimators seem to marginally tilt in favor of a peace promoting globalization hypothesis.

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Available only for authorised users

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http://www.visionofhumanity.org/#/page/contact.

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See “Appendix”.

The authors sincerely thank the Institute for Economics and Peace for readily providing their database.

Since no country in the entire sample scores higher than 3.50 in the GPI scale (1–5), we restricted the horizontal axis scale to a maximum value of 4 in order to improve visual clarity.

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Title: The Globalization and Peace Nexus: Findings Using Two Composite Indices
Authors: Christos Kollias
Suzanna-Maria Paleologou
Publication date: 15-03-2016
Publisher: Springer Netherlands
Published in: Social Indicators Research / Issue 3/2017
Print ISSN: 0303-8300
Electronic ISSN: 1573-0921
DOI: https://doi.org/10.1007/s11205-016-1293-6

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