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 (SSCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 25 Issue: 2
  • Publication Date: 2014
  • Doi Number: 10.1080/10242694.2013.804670
  • Journal Name: DEFENCE AND PEACE ECONOMICS
  • Journal Indexes: Social Sciences Citation Index (SSCI), Scopus
  • Page Numbers: pp.205-211
  • Istanbul Technical University Affiliated: Yes

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.