Template-Type: ReDIF-Article 1.0 Author-Name: Costas Hadjiyiannis Author-Workplace-Name: Department of Economics, University of Cyprus Author-Email:costash@ucy.ac.cy Author-Name: Iraklis Pattas Author-Workplace-Name: Department of Economics, University of Cyprus Title: Peace Creation and Peace Diversion updated Classification-JEL: Keywords: Preferential trade agreements, Regionalism, Military conflict, War Journal: Cyprus Economic Policy Review Pages: 57-74 Volume: 15 Issue: 2 Year: 2021 Month: December File-URL: https://www.ucy.ac.cy/erc/documents/CyEPR/2021/C._Hadjiyiannis_and_I._Pattas_02_2021.pdf File-Format: Application/pdf Handle: RePEc:erc:cypepr:v:15:y:2021:i:2:p:57-74