Journal•ISSN: 1024-2694
Defence and Peace Economics
Taylor & Francis
About: Defence and Peace Economics is an academic journal published by Taylor & Francis. The journal publishes majorly in the area(s): Poison control & Terrorism. It has an ISSN identifier of 1024-2694. Over the lifetime, 1217 publications have been published receiving 21643 citations.
Topics: Poison control, Terrorism, Politics, Procurement, Granger causality
Papers published on a yearly basis
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TL;DR: In this article, the authors present the major theoretical perspectives and key empirical results on the determinants of civil war and identify controversies in the field and suggest ways to improve and organize our research.
Abstract: This paper reviews the booming literature on civil war. It presents the major theoretical perspectives and key empirical results on the determinants of civil war. The paper identifies controversies in the field and suggests ways to improve and organize our research. The conclusion outlines possible future directions for research on civil wars.
366 citations
TL;DR: In this article, the authors present a review of the theoretical and econometric issues involved in estimating growth models that include military spending, concluding that the Feder-Ram model is largely the product of the particular specification used in the defence economics literature but not in the mainstream literature.
Abstract: This paper reviews some of the theoretical and econometric issues involved in estimating growth models that include military spending. While the mainstream growth literature has not found military expenditure to be a significant determinant of growth, much of the defence economics literature has found significant effects. The paper argues that this is largely the product of the particular specification, the Feder-Ram model, that has been used in the defence economics literature but not in the mainstream literature. The paper critically evaluates this model, detailing its problems and limitations and suggests that it should be avoided. It also critically evaluates two alternative theoretical approaches, the Augmented Solow and the Barro models, suggesting that they provide a more promising avenue for future research. It concludes with some general comments about modelling the links between military expenditure and growth.
341 citations
TL;DR: This article analyzed the effects of economic policy and the receipt of foreign aid on the risk of civil war and found that aid and policy do not have direct effects upon conflict risk, but both directly affect the growth rate and the extent of dependence upon primary commodity exports.
Abstract: We analyze theoretically and empirically the effects of economic policy and the receipt of foreign aid on the risk of civil war. We find that aid and policy do not have direct effects upon conflict risk. However, both directly affect the growth rate and the extent of dependence upon primary commodity exports, and these in turn affect the risk of conflict. Simulating the effect of a package of policy reform and increased aid on the average aid recipient country, we find that after five years the risk of conflict is reduced by nearly 30%.
204 citations
TL;DR: In this article, the authors proposed to make terrorist attacks less attractive by raising the opportunity cost to deter potential terrorists, rather than the material cost, to increase the likelihood of a terrorist attack.
Abstract: Deterrence has been a crucial element in fighting terrorism, both in actual politics and rational choice analyses of terrorism. But there are superior strategies to deterrence. One is to make terrorist attacks less attractive. Another to raise the opportunity cost - rather than the material cost - to terrorists. These alternative strategies effectively dissuade potential terrorists. The strategies suggested here build on the "benevolence" system and tend to produce a positive sum game among the interacting parties. In contrast, the deterrence system is based on "threats" and tends to produce a negative sum game interaction.
197 citations
TL;DR: In this article, the authors examined empirically the effects of military expenditures on economic growth for Middle Eastern countries and Turkey, for the time period 1989-1999, by using cross-section and dynamic panel estimation techniques.
Abstract: Defence expenditures have both costs and benefits to the economy. The costs of defence expenditures are mainly emphasized as opportunity costs. On the other hand, defence spending may have growth‐promoting potential benefits: a rise in defence spending may result in a higher aggregate demand, production and employment. This paper examines empirically the effects of military expenditures on economic growth for Middle Eastern countries and Turkey, for the time‐period 1989–1999. The relationship between military expenditure and economic growth is investigated by using cross‐section and dynamic panel estimation techniques. Empirical analysis indicates that military expenditure enhances economic growth in the Middle Eastern countries and Turkey as a whole.
187 citations