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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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2007/04/7537683/weaponomics-global-market-assault-rifles http://hdl.handle.net/10986/7024 |
| 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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