Weaponomics : the global market for assault rifles
AbstractThis paper introduces the first effort to quantitatively document the small arms market by collating field reports and journalist accounts to produce a cross-country time-series price index of Kalashnikov assault rifles. A model of the small arms market is developed and empirically estimated to identify the key determinants of assault rifle prices. Variables which proxy the effective height of trade barriers for illicit trade are consistently significant in determining weapon price variation. When controlling for other factors, the collapse of the Soviet Union does not have as large an impact on weapon prices as is generally believed.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 4202.
Date of creation: 01 Apr 2007
Date of revision:
Markets and Market Access; Peace&Peacekeeping; Economic Theory&Research; Access to Markets; Governance Indicators;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-04-28 (All new papers)
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