Weaponomics : The Global Market for Assault Rifles

This paper introduces the first effort to quantitatively document the small arms market by collating field reports and journalist accounts to produce a cross-country time-series price index of Kalashnikov assault rifles. A model of the small arms m...

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Main Author: Killicoat, Phillip
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2007/04/7537683/weaponomics-global-market-assault-rifles
http://hdl.handle.net/10986/7024
id okr-10986-7024
recordtype oai_dc
spelling okr-10986-70242021-04-23T14:02:33Z Weaponomics : The Global Market for Assault Rifles Killicoat, Phillip AMMUNITION ARMED FORCES ARMS ARMS TRADE ARMS TRANSFERS BLACK MARKET BUREAUCRACY CAUSAL IMPACT CIVIL WAR COLD WAR COMBAT COMMODITY PRICES CONFLICT CONVENTIONAL WISDOM CORRUPTION COUNTRY ESTIMATES CRIME DATA COLLECTION DEFENSE DEMOCRATIC ACCOUNTABILITY DISCOUNT RATE DUOPOLY DURABLE GOODS ECONOMETRIC ANALYSIS ECONOMIC CONDITIONS ECONOMIC GROWTH ECONOMIC HISTORIANS ENFORCEABILITY EXPENDITURE FACTOR PRICES FIREARMS FIXED COSTS FREE TRADE FUTURE RESEARCH GDP GDP PER CAPITA GOVERNANCE DATA GOVERNANCE INDICATOR GOVERNANCE INDICATORS GOVERNANCE VARIABLES GOVERNMENT EFFECTIVENESS INCOME INCOME GROWTH INTERNATIONAL TRADE LABOR MARKET MARKET CONDITIONS MEASUREMENT ERROR MICROECONOMIC ANALYSIS MILITARY MILITARY SPENDING MILITARY STRATEGY MILITARY TECHNOLOGY MILITARY WEAPONS NUCLEAR WEAPONS PER CAPITA INCOME POLICE POLITICAL ECONOMY PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE ELASTICITY OF SUPPLY PRICE INDEX PRICE THEORY PRICE VARIATION PURCHASING PURCHASING POWER PURCHASING POWER PARITY SALES SPECIAL FORCES STATISTICAL ANALYSIS STOCKS SUBSTITUTE SUBSTITUTION SUPPLIERS SUPPLY COST SUPPLY COSTS SUPPLY EQUATIONS TOTAL COSTS TRADE BARRIERS VARIABLE COSTS WEALTH WEAPONS WESTERN EUROPE WORLD MARKET This paper introduces the first effort to quantitatively document the small arms market by collating field reports and journalist accounts to produce a cross-country time-series price index of Kalashnikov assault rifles. A model of the small arms market is developed and empirically estimated to identify the key determinants of assault rifle prices. Variables which proxy the effective height of trade barriers for illicit trade are consistently significant in determining weapon price variation. When controlling for other factors, the collapse of the Soviet Union does not have as large an impact on weapon prices as is generally believed. 2012-06-04T18:28:22Z 2012-06-04T18:28:22Z 2007-04 http://documents.worldbank.org/curated/en/2007/04/7537683/weaponomics-global-market-assault-rifles http://hdl.handle.net/10986/7024 English Policy Research Working Paper; No. 4202 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic AMMUNITION
ARMED FORCES
ARMS
ARMS TRADE
ARMS TRANSFERS
BLACK MARKET
BUREAUCRACY
CAUSAL IMPACT
CIVIL WAR
COLD WAR
COMBAT
COMMODITY PRICES
CONFLICT
CONVENTIONAL WISDOM
CORRUPTION
COUNTRY ESTIMATES
CRIME
DATA COLLECTION
DEFENSE
DEMOCRATIC ACCOUNTABILITY
DISCOUNT RATE
DUOPOLY
DURABLE GOODS
ECONOMETRIC ANALYSIS
ECONOMIC CONDITIONS
ECONOMIC GROWTH
ECONOMIC HISTORIANS
ENFORCEABILITY
EXPENDITURE
FACTOR PRICES
FIREARMS
FIXED COSTS
FREE TRADE
FUTURE RESEARCH
GDP
GDP PER CAPITA
GOVERNANCE DATA
GOVERNANCE INDICATOR
GOVERNANCE INDICATORS
GOVERNANCE VARIABLES
GOVERNMENT EFFECTIVENESS
INCOME
INCOME GROWTH
INTERNATIONAL TRADE
LABOR MARKET
MARKET CONDITIONS
MEASUREMENT ERROR
MICROECONOMIC ANALYSIS
MILITARY
MILITARY SPENDING
MILITARY STRATEGY
MILITARY TECHNOLOGY
MILITARY WEAPONS
NUCLEAR WEAPONS
PER CAPITA INCOME
POLICE
POLITICAL ECONOMY
PRICE ELASTICITY
PRICE ELASTICITY OF DEMAND
PRICE ELASTICITY OF SUPPLY
PRICE INDEX
PRICE THEORY
PRICE VARIATION
PURCHASING
PURCHASING POWER
PURCHASING POWER PARITY
SALES
SPECIAL FORCES
STATISTICAL ANALYSIS
STOCKS
SUBSTITUTE
SUBSTITUTION
SUPPLIERS
SUPPLY COST
SUPPLY COSTS
SUPPLY EQUATIONS
TOTAL COSTS
TRADE BARRIERS
VARIABLE COSTS
WEALTH
WEAPONS
WESTERN EUROPE
WORLD MARKET
spellingShingle AMMUNITION
ARMED FORCES
ARMS
ARMS TRADE
ARMS TRANSFERS
BLACK MARKET
BUREAUCRACY
CAUSAL IMPACT
CIVIL WAR
COLD WAR
COMBAT
COMMODITY PRICES
CONFLICT
CONVENTIONAL WISDOM
CORRUPTION
COUNTRY ESTIMATES
CRIME
DATA COLLECTION
DEFENSE
DEMOCRATIC ACCOUNTABILITY
DISCOUNT RATE
DUOPOLY
DURABLE GOODS
ECONOMETRIC ANALYSIS
ECONOMIC CONDITIONS
ECONOMIC GROWTH
ECONOMIC HISTORIANS
ENFORCEABILITY
EXPENDITURE
FACTOR PRICES
FIREARMS
FIXED COSTS
FREE TRADE
FUTURE RESEARCH
GDP
GDP PER CAPITA
GOVERNANCE DATA
GOVERNANCE INDICATOR
GOVERNANCE INDICATORS
GOVERNANCE VARIABLES
GOVERNMENT EFFECTIVENESS
INCOME
INCOME GROWTH
INTERNATIONAL TRADE
LABOR MARKET
MARKET CONDITIONS
MEASUREMENT ERROR
MICROECONOMIC ANALYSIS
MILITARY
MILITARY SPENDING
MILITARY STRATEGY
MILITARY TECHNOLOGY
MILITARY WEAPONS
NUCLEAR WEAPONS
PER CAPITA INCOME
POLICE
POLITICAL ECONOMY
PRICE ELASTICITY
PRICE ELASTICITY OF DEMAND
PRICE ELASTICITY OF SUPPLY
PRICE INDEX
PRICE THEORY
PRICE VARIATION
PURCHASING
PURCHASING POWER
PURCHASING POWER PARITY
SALES
SPECIAL FORCES
STATISTICAL ANALYSIS
STOCKS
SUBSTITUTE
SUBSTITUTION
SUPPLIERS
SUPPLY COST
SUPPLY COSTS
SUPPLY EQUATIONS
TOTAL COSTS
TRADE BARRIERS
VARIABLE COSTS
WEALTH
WEAPONS
WESTERN EUROPE
WORLD MARKET
Killicoat, Phillip
Weaponomics : The Global Market for Assault Rifles
relation Policy Research Working Paper; No. 4202
description This paper introduces the first effort to quantitatively document the small arms market by collating field reports and journalist accounts to produce a cross-country time-series price index of Kalashnikov assault rifles. A model of the small arms market is developed and empirically estimated to identify the key determinants of assault rifle prices. Variables which proxy the effective height of trade barriers for illicit trade are consistently significant in determining weapon price variation. When controlling for other factors, the collapse of the Soviet Union does not have as large an impact on weapon prices as is generally believed.
format Publications & Research :: Policy Research Working Paper
author Killicoat, Phillip
author_facet Killicoat, Phillip
author_sort Killicoat, Phillip
title Weaponomics : The Global Market for Assault Rifles
title_short Weaponomics : The Global Market for Assault Rifles
title_full Weaponomics : The Global Market for Assault Rifles
title_fullStr Weaponomics : The Global Market for Assault Rifles
title_full_unstemmed Weaponomics : The Global Market for Assault Rifles
title_sort weaponomics : the global market for assault rifles
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2007/04/7537683/weaponomics-global-market-assault-rifles
http://hdl.handle.net/10986/7024
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