Citation

Brauer J. Defence economics 1991; 2(2): 165-175.

Copyright

(Copyright © 1991, Informa - Taylor and Francis Group)

DOI

10.1080/10430719108404688

PMID

unavailable

Abstract

This paper presents empirical research on physical capital, industrial diversification, and human capital developments in arms-producing and non-arms producing developing nations from the mid-1970s to the mid-1980s. Drawing on data from the United Nations and the World Bank, a close relation between arms production potential and actual arms production is found which evokes concern about policy-directions for successful arms control in the third world. The paper closes with brief reflections on third world arms production incentives.