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International Conflict and Military Expenditures

An Externality Approach

Bibliographic Data

ID6284629
AuthorsCarlos Seiglie (Department of Economics Rutgers University, Newark, corresponding author)
Year1988
Volume32
Issue1
Pages141-161
Publication date1988-03-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Conflict Resolution (JOURNAL)
Journal identifiersISSN: 0022-0027 • E-ISSN: 1552-8766
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0022002788032001007
OpenAlexW2155036408
LanguageEN
Citations received5
References cited8

This article analyzes the two-stage problem a country faces in first choosing the optimal amount of arms to acquire and then deciding whether it can improve upon the allocation that emerges after the first stage by engaging in a military conflict. A model is introduced based on the concept of economic externality to generate conflict situations in the first stage. Then comparative static results are derived by varying the parameters of this model, for example, the rate of technological progress in the military sector and the rate of economic growth, and examining whether the conflict situation improves or worsens as the social welfare of the nations change accordingly. Uncertainty is then introduced and the results are analyzed. Finally, the last part explores the conditions under which the conflict situations presented in the first stage actually lead to the outbreak of war

Armed conflict · Economic interdependence · Economics · Externality · International conflict · Market economy · Microeconomics · Political science · Politics · Social conflict · Welfare · Defense, Military, and Policy Studies · Fiscal Policy and Economic Growth · Law · Politics, Economics, and Education Policy

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Unique citing works5
Citations per year0,14
Citation span1991 - 2020 (30)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 5

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