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    Arms export controls and emerging domestic producers

    Levine, P. and Mouzakis, F. and Smith, Ron P. (2000) Arms export controls and emerging domestic producers. Defence and Peace Economics 11 (3), pp. 505-531. ISSN 1024-2694.

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    Abstract

    The possibility of domestic production raises a difficulty for arms export control measures, since embargoes, by raising the effective price of imports, increase the incentive for domestic production. We address this issue by developing a partial equilibrium model of the international arms market We compare three arms export regimes involving the exporters of high‐technology arms, with a particular focus on the effect of emerging domestic production: laissez‐faire trade, the uncoordinated regulation of exports and a producer cartel consisting of coordinated regulation. The main conclusion is that the possibility of domestic production significantly changes the nature of these stylized export regimes.

    Metadata

    Item Type: Article
    School: School of Business, Economics & Informatics > Economics, Mathematics and Statistics
    Depositing User: Sarah Hall
    Date Deposited: 03 Nov 2020 19:00
    Last Modified: 30 Nov 2021 11:25
    URI: https://eprints.bbk.ac.uk/id/eprint/41131

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