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Weaponomics : The Global Market for Assault Rifles / Killicoat, Phillip

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Killicoat, Phillip
Contributor:
Killicoat, Phillip
Series:
Policy research working papers.
World Bank e-Library.
Language:
English
Subjects (All):
Access to Markets.
Black Market.
Commodity Prices.
Conflict and Development.
Demand.
Economic Theory and Research.
Emerging Markets.
Factor Prices.
International Economics & Trade.
International Trade.
Macroeconomics and Economic Growth.
Market.
Market Conditions.
Markets.
Markets and Market Access.
Peace and Peacekeeping.
Post Conflict Reconstruction.
Price.
Price Index.
Price Variation.
Prices.
Private Sector Development.
Product.
Products.
Purchasing.
Suppliers.
Supply.
Supply Costs.
Supply Equations.
Value.
Local Subjects:
Access to Markets.
Black Market.
Commodity Prices.
Conflict and Development.
Demand.
Economic Theory and Research.
Emerging Markets.
Factor Prices.
International Economics & Trade.
International Trade.
Macroeconomics and Economic Growth.
Market.
Market Conditions.
Markets.
Markets and Market Access.
Peace and Peacekeeping.
Post Conflict Reconstruction.
Price.
Price Index.
Price Variation.
Prices.
Private Sector Development.
Product.
Products.
Purchasing.
Suppliers.
Supply.
Supply Costs.
Supply Equations.
Value.
Physical Description:
1 online resource (23 pages)
Place of Publication:
Washington, D.C., The World Bank, 2007
System Details:
data file
Summary:
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.

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