The Determinants of Arms Production |
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| Authors: | Filiz Yesilyurt Bülent Gülo?lu ?ennur Sezgin |
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| Institution: | 1. Department of Economics, Mathematics and Statistics, Birkbeck College, University of London, London, UK.;2. Department of Economics, Pamukkale University, Denizli, Turkey.;3. Department of Econometrics, Pamukkale University, Denizli, Turkey.;4. Department of Economics, University of Illinois, Urbana-Champaign, IL, USA.;5. Department of Economics, Osmangazi University, Eski?ehir, Turkey. |
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| 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. |
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| Keywords: | Arms production Military spending Panel data |
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