The Determinants of Arms Production


Yesilyurt F., Guloglu B. , YESILYURT E., Sezgin S.

DEFENCE AND PEACE ECONOMICS, vol.25, no.2, pp.205-211, 2014 (Journal Indexed in SSCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 25 Issue: 2
  • Publication Date: 2014
  • Doi Number: 10.1080/10242694.2013.804670
  • Title of Journal : DEFENCE AND PEACE ECONOMICS
  • Page Numbers: pp.205-211

Abstract

This study analyzes the determinants of arms production in 15 countries using annual panel data from 1997 to 2002. The results suggest that real GDP per capita, military expenditures, arms exports, and arms imports are positively related to arms production.