Handbook of Defense Economics

"This work can be expected to have a lasting imprint on the defense economics field." --Defense and Peace Economics"Some of the chapters are very formalized in the sense of featuring very complex mathematical formulae, while others are more empirically oriented. All chapters, however, are written by renowned specialists in the respective field; all review the cumulated knowledge about it; and each chapter is accompanied by a comprehensive bibliography. An extremely useful work." --NOD & Conversion

• Abbreviated Contents. Introduction (K. Hartley, T. Sandler). Defense economics and international security. (M.C. McGuire). World military expenditures. (M. Brzoska). The demand for military expenditure. (R. Smith). Military alliances: Theory and empirics. (J.C. Murdoch). Arms races and proliferation. (D.L. Brito, M.D. Intriligator). Theorizing about conflict. (J. Hirshleifer). Insurrections. (H.I. Grossman). Terrorism: Theory and applications (W. Enders, T. Sandler). Defense expenditure and economic growth (R. Ram). Military expenditure and developing countries (S. Deger, S. Sen). Incentive models of the defense procurement process (W.P. Rogerson). The economics of military manpower (J.T. Warner, B.J. Asch). The defense industrial base (J.P. Dunne). Economics of defense R&D (F.R. Lichtenberg). Industrial policies in the defense sector (K. Hartley). Regional impact of defense expenditure (D. Braddon). Economics of arms trade (C.H. Anderton). Economics of disarmament (J. Fontanel).