Economics of arms trade
In: Handbook of Defense Economics
AbstractThe end of the Cold War has increased the relative importance of economic causes and consequences of arms transfers. Unfortunately, there is surprisingly little theoretical and empirical development of the economics of arms trade, making it a sub-field of defense economics ripe for foundational contributions. We offer some preliminary steps in this direction by applying simple international trade models to the arms trade.Fields other than economics have made major contributions to our understanding of arms transfers. We review the sub-literature on arms transfers and foreign policy leverage as well as the sub-literature on the relationship between arms trade and war.The central problem of the arms trade literature, for both economists and geopolitical scientists, is how to go beyond the proliferation of (albeit useful) policy position articles, to a more solid base of theoretical and empirical models. A new theoretical synthesis of economics and geopolitics would represent a major breakthrough, but the development of the economics of arms trade must move beyond its incipient stages for this synthesis to occur. Ultimately, it would be desirable to see theoretical and empirical work on the arms trade, narrow the range of outcomes which are regarded as plausible.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
This chapter was published in:
This item is provided by Elsevier in its series Handbook of Defense Economics with number 1-18.
Contact details of provider:
Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Kravtsova, V & Radosevic, S, 2012.
"Are systems of innovation in Eastern Europe efficient?,"
Open Access publications from University College London
http://discovery.ucl.ac.u, University College London.
- Kravtsova, Victoria & Radosevic, Slavo, 2012. "Are systems of innovation in Eastern Europe efficient?," Economic Systems, Elsevier, vol. 36(1), pages 109-126.
- Benny Mantin & Asher Tishler, 2004. "The structure of the defense industry and the security needs of the country: a differentiated products model," Defence and Peace Economics, Taylor and Francis Journals, vol. 15(5), pages 397-419.
- Enrico Spolaore, 2004. "Economic Integration, International Conflict and Political Unions," Rivista di Politica Economica, SIPI Spa, vol. 94(5), pages 3-50, September.
- Jayatilleke S. Bandara & Wusheng Yu, 2012. "Non-economic gains of Sri Lanka's FTAs with neighbours," International Journal of Social Economics, Emerald Group Publishing, vol. 39(10), pages 750-763, August.
- Yoad Shefi & Asher Tishler, 2005. "The Effects Of The World Defense Industry And Us Military Aid To Israel On The Israeli Defense Industry: A Differentiated Products Model," Defence and Peace Economics, Taylor and Francis Journals, vol. 16(6), pages 427-448.
- Emmanuel Athanassiou & Christos Kollias & Stavros Zografakis, 2002. "The Effects of Defence Spending Reductions: A CGE Estimation of the Foregone Peace Dividend in the Case of Greece," Defence and Peace Economics, Taylor and Francis Journals, vol. 13(2), pages 109-119.
- Jack Hirshleifer, 1999. "The bioeconomic causes of war," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 19(7-8), pages 457-466.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wendy Shamier).
If references are entirely missing, you can add them using this form.