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Weaponomics : the global market for assault rifles

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  • Killicoat, Phillip

Abstract

This 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.

Suggested Citation

  • Killicoat, Phillip, 2007. "Weaponomics : the global market for assault rifles," Policy Research Working Paper Series 4202, The World Bank.
    • Handle: RePEc:wbk:wbrwps:4202
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    References listed on IDEAS

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    2. Fajnzylber, Pablo & Lederman, Daniel & Loayza, Norman, 2002. "What causes violent crime?," European Economic Review, Elsevier, vol. 46(7), pages 1323-1357, July.
    3. Bethany Lacina & Nils Petter Gleditsch, 2005. "Monitoring Trends in Global Combat: A New Dataset of Battle Deaths," European Journal of Population, Springer;European Association for Population Studies, vol. 21(2), pages 145-166, June.
    4. Brauer, Jurgen, 2007. "Arms Industries, Arms Trade, and Developing Countries," Handbook of Defense Economics, in: Keith Hartley & Todd Sandler (ed.), Handbook of Defense Economics, edition 1, volume 2, chapter 30, pages 973-1015, Elsevier.
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    Cited by:

    1. Max Blouin, 2009. "The Economics," Cahiers de recherche 0920, CIRPEE.
    2. Gallea, Quentin, 2023. "Weapons and war: The effect of arms transfers on internal conflict," Journal of Development Economics, Elsevier, vol. 160(C).

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