Using global data for the period 1960-99, Collier and Hoeffler estimate neighborhood arms races. They find that the level of military expenditure is strongly influenced by the expenditure of neighbors. The authors estimate an quot;arms race multiplier,quot; finding that an initial exogenous...

Defense economics derives from and is embedded in the multi-dimensional array of issues each country must address when providing for its national security. Applying economic concepts and methods, it attempts to evaluate this great diversity of security related questions, and to understand how...

The immediate health cost of violent armed conflict is in the form of deaths and injuries of the combatants as well as civilians. However, these costs are mostly pertinent to major violent internal and international conflicts. Minor violent armed conflicts and nonviolent/ latent conflicts do not...