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Sea Power

Author

Listed:
  • Mark Koyama
  • Ahmed S. Rahman
  • Tuan-Hwee Sng

Abstract

How does sea power differ from land power? We introduce a formal model that explains several characteristics of sea power. Specifically, (i) sea power is more highly concentrated than land power; (ii) it follows cycles; and (iii) is characterized by periodic intensification of arms competition. We account for these features in terms of the high fixed costs and the capital-intensive nature of naval warfare. We find empirical support for our model using a newly digitized dataset of over two dozen navies during the late 19th and early 20th centuries.

Suggested Citation

  • Mark Koyama & Ahmed S. Rahman & Tuan-Hwee Sng, 2021. "Sea Power," Journal of Historical Political Economy, now publishers, vol. 1(2), pages 155-182, August.
  • Handle: RePEc:now:jnlhpe:115.00000006
    DOI: 10.1561/115.00000006
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