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This paper is intended to complement the existing literature on civil wars. First, it presents a simple theoretical model of conflict that defines a two-sector economy. In a contested sector, two agents struggle to appropriate the maximum possible fraction of a contestable output. In an...
Persistent link: https://www.econbiz.de/10008691552
Finmeccanica is the eighth largest arms manufacturer on a world scale. The article explains and discusses its recent evolution. In particular, we discuss the broader privatisation programme implemented by the government as a response to the 1992 financial crisis. Finally, we will present our...
Persistent link: https://www.econbiz.de/10010679797
This paper analyses the military expenditures in Italy over the period 1988--2008. The estimation of a conventional model of military expenditure shows that the choices of military expenditure by Italian governments are influenced by US and, to a lesser extent, the other NATO countries' defence...
Persistent link: https://www.econbiz.de/10010619067