This paper considers the interpretation of the empirical results of the developing literature on the demand for military spending that specifies a general model with arms race and spill-over effects and estimates it on cross-section and panel data. It questions whether it is meaningful to talk...

Privatization and Economic Efficiency assesses the economic content of many of the beliefs surrounding privatization. It develops a new and novel inter-disciplinary approach linking economic and organizational dimensions. A series of case studies examines the theory, evidence and policy...