In this paper, we construct a model of market structure in the global arms industry linking concentration, military procurement, international trade and regional conflict. We show how concentration depends on the willingness of producers to import for their military needs and on the relative...

In this chapter we present the main characteristics and problems involved in the study of the arms trade: product definition and data, strategic aspects of the arms trade and regulation. We illustrate these aspects using the latest theoretical and empirical literature on arms trade. The papers...

An area of huge concern to many people around the world, the economics of the Arms Industry are a vital strand that needs to be understood. This volume brings together contributors from all over the globe and focuses on this important area