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Military Expenditure and Arms Trade

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  • John Wakeman-Linn
  • Nancy Louise Happe
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    Abstract

    Analysis of the economic impact of military expenditures and arms trade is frequently hampered by the limited amount of transparent, comprehensive data. Country-specific information can be supplemented, however, by data from multicountry statistical sources. This paper describes seven publications which provide multicountry statistics on military expenditure and trade--the information each source conveys, as well as the differences in coverage and definition--to assist the analyst in understanding how to use this data. Comparisons of the data reported by the various sources reveal numerous, significant differences, particularly in data on military expenditures.

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    Bibliographic Info

    Paper provided by International Monetary Fund in its series IMF Working Papers with number 94/69.

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    Length: 64
    Date of creation: 01 Jun 1994
    Date of revision:
    Handle: RePEc:imf:imfwpa:94/69

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    Cited by:
    1. Joshua Aizenman & Reuven Glick, 2003. "Military Expenditure, Threats, and Growth," NBER Working Papers 9618, National Bureau of Economic Research, Inc.

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