Smith, Ron P.; Tasiran, Ali - In: Journal of Peace Research 42 (2005) 2, pp. 167-181
This article presents estimates of demand functions for arms imports for a panel of 52 countries, 1981–99, where there are non-zero observations for both the main measures, WMEAT and SIPRI. In principle, the WMEAT series is a value measure, while the SIPRI series is a volume measure, thus...