Scholars have estimated demand functions for national defense spending and investigated international arms trade for a long time. The relationship between supply and demand for military goods has, however, only been examined on aggregate level or in formal models yet. I investigate how the...

This chapter discusses developing (non-high income) states' participation in the production and trade of parts or whole units of major conventional weapons, their integration into a transnationalized global arms industry, and the underlying industrial prerequisites that make that participation...

This study investigates persistence (or hysteresis) in weapons using a panel of 163 countries for the period 2010 to 2015. The following are some main findings. (i) Compared to countries that are landlocked, persistence in heavy weapons is more apparent in nations that are open to the sea. (ii)...

This study investigates the determinants of and persistence in access to weapons using a global sample of 163 countries for the period 2010 to 2015. The empirical evidence is based on Generalised Method of Moments (GMM). Hysteresis in access to weapons is consistently more apparent in countries...