The relationship between defence spending and economic growth has been examined extensively in recent years using the Feder (1983) model. These studies suffer from poor statistical results. In this paper, the earlier findings of Sezgin (1997), which used the Feder model are re-estimated....

Defense industrial complexes in leading Cold War nations have downsized and reallocated resources to other productive activities in the 1990s. In this paper, we analyze the experience of two key countries - the US and France. Comparing the two countries, we find similar outcomes in budgetary...

During the Cold War, two contending hypotheses dominated theories concerning the economic impact of anus control. The first suggested that when certain prerequisites were fulfilled, arms control agreements served to promote lasting reduction in military spending. The second asserted that instead...

This paper presents a multiple public-good model to investigate the simultaneous provision of military goods and foreign aid as international public goods. The model enables us to probe the effect of comparative advantage in providing public goods. By applying the model to the United...

Recent developments in arms races and their theoretical analysis are treated, including the changing nature of arms races and their impacts on arms expenditure and international stability. The dominant East-West arms race of the Cold War has ended, but arms races still exist, and it is likely...

The economic analysis of disarmament in the next millennium may be developed from three main perspectives: At the end of the 20th century, the data seem to confirm, at least partially, the reality of a world disarmament process. There is an obsolescence of the disarmament analyses developed...

We look at the different ways of aggregating the exports of dual use products to give the security perception of exporter countries and their consistency with the relevant export control regimes. Also, we analyze different models of export controls highlighting the role of the perception of...

In their article in this journal, James, Solberg and Wolfson (1999) challenge our findings that two states are more likely to have peaceful relations if they are both democratic. They claim to develop a simultaneous system of two equations showing that peace and democracy foster each other, and...