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The Global Arms Trade Network 1950-2007
Stockholm University, Faculty of Social Sciences, Department of Economics.
Stockholm University, Faculty of Social Sciences, Department of Economics.
2010 (English)Conference paper (Other academic)
Abstract [en]

We study the evolution of the global arms trade network using a unique dataset on all

international transfers of major conventional weapons over the period 1950-2007. First, we

provide a careful description of the characteristics of global arms trade using tools from

social network analysis. Second, we relate our .ndings to political regimes by studying

whether di¤erences in polity scores a¤ect the likelihood of arms trade by estimating an

augmented gravity equation. Our .ndings from the network analysis are much in line with

common views of the Cold War. We see a clear division between the Warsaw Pact and

NATO, with the Soviet Union being more central to the former than the United States

to the latter. We .nd that di¤erences in polity has a signi.cant, negative e¤ect on the

likelihood of arms trade between two countries. The relationship is remarkably robust

throughout the sample period and does not hold for trade in any other good that we

investigate. The result suggests that democracies are indeed more likely to trade arms with

other democracies than with autocracies since the former are not perceived as potential

adversaries. We view this .nding as evidence in favour of the Democratic Peace Theory.

Place, publisher, year, edition, pages
Keyword [en]
Arms Trade, Networks, Democracy, Autocracy, NATO, The Warsaw Pact
URN: urn:nbn:se:su:diva-53700OAI: diva2:391159
The 25th meeting of the European Economic Association (EEA), Glasgow, Scotland and The 4th Nordic Summer Symposium in Macroeconomics, Mustio, Finland
Available from: 2011-01-24 Created: 2011-01-24 Last updated: 2011-05-02Bibliographically approved

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Larsson, AnnaÅkerman, Anders
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