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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...
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Since the end of the Cold War, the world remains a dangerous place with new threats: regional conflicts, transnational terrorist networks, rogue states, and weapons of mass destruction (i.e., chemical, biological, radiological, and nuclear). The second volume of the Handbook of Defense Economics...
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The end of the Cold War has increased the relative importance of economic causes and consequences of arms transfers. Unfortunately, there is surprisingly little theoretical and empirical development of the economics of arms trade, making it a sub-field of defense economics ripe for foundational...
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Over the past decade, Turkey’s defence industry has undergone rapid development and its products have repeatedly proved … in northern Iraq and Libya. But the TB2 drone is only the most visible sign of what is a new era for Turkey’s defence … country as a “teknonation”. For Turkey’s NATO partners, this recalibration presents strategic challenges for further …
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