In this paper I develop indices and rankings of potential and actual arms production for about one hundred and fifty countries for data pertaining to the early to mid-1990s. The countries' ranked indices are then compared. I find evidence that countries that can produce arms (potential) do...

This paper reviews the basic economic concepts relevant to international public goods production and applies them to the case of security and peace in southern Africa. To this end, it extracts from the literature a set of fundamental features that help determine the likelihood of success of any...

To generate effective policy to reduce the proliferation of illicit small arms in developing countries, governments must understand how the weapons are distributed and illegal stockpiles formed. This paper describes the structural characteristics of small arms supply chains and models mechanisms...

This article contains a critical review of the literature on the economics of military affairs in Greece and Turkey as of December 1999. In particular, I review (a) arms race models; (b) models of the demand for military expenditure; (c) models measuring the economic impact of military...

We briefly illustrate the application of fundamental principles of economics to three episodes of military history for the second millennium AD. The periods, principles, and cases examined are, first, the European Middle Ages (1000-1300; opportunity cost; siege warfare); second, the Enlightenment...

Classic time-series forecasting models can be divided into exponential smoothing, regression, ARIMA, threshold, and GARCH models. Functional form is investigator-specified, and all methods assume that the data generation process across all segments of the examined time-series is constant. In...

This paper constructs a matrix of the effects of the economy on military affairs and vice versa. Each cell of the matrix is filled with five research questions that either have not yet yielded conclusive answers, or only partial answers, or have barely been addressed at all in the literature....