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Weaponomics : the global market for assault rifles

  • Killicoat, Phillip
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    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.

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    File URL: http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2007/04/13/000016406_20070413145045/Rendered/PDF/wps4202.pdf
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    Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4202.

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    Date of creation: 01 Apr 2007
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    Handle: RePEc:wbk:wbrwps:4202
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    1. Collier, Paul & Hoeffler, Anke, 2000. "Greed and grievance in civil war," Policy Research Working Paper Series 2355, The World Bank.
    2. Brauer, Jurgen, 2007. "Arms Industries, Arms Trade, and Developing Countries," Handbook of Defense Economics, Elsevier.
    3. Fajnzylber, Pablo & Lederman, Daniel & Loayza, Norman, 2002. "What causes violent crime?," European Economic Review, Elsevier, vol. 46(7), pages 1323-1357, July.
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