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...

This chapter provides a survey of research on the defense industrial base (DIB) focusing on the advanced industrial capitalist economies. It starts by looking at the problems of definition and measurement and how these have been dealt with in practice. This is followed by an overview of the...

Countries that spend scarce resources to import arms from abroad often require arms sellers to 'reinvest' part or all of the proceeds back into the arms-importing country. These so-called 'arms trade offsets' are therefore thought to enhance domestic economic development. But does this process...