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Arms Exports for Oil Imports

The Test of a Nonlinear Model

Bibliographic Data

ID6284637
AuthorsLewis W Snider (Department of International Relations, Claremont Graduate School, corresponding author)
Year1984
Volume28
Issue4
Pages665-700
Publication date1984-12-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Conflict Resolution (JOURNAL)
Journal identifiersISSN: 0022-0027 • E-ISSN: 1552-8766
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0022002784028004005
OpenAlexW2110246344
LanguageEN
Citations received2
References cited15

This article examines the indirect effects of the amount of money the major Western arms-exporting nations spend on imported oil on increases in the dollar volume of arms exports. In other words, are the United States, Britain, France, West Germany, and Italy using arms exports to offset the cost of imported oil? The effects of the dollar volume of oil imports on the dollar volume of arms exports are hypothesized to be mediated through the negative impact that oil imports have on the terms of trade and the positive impact they have on unemployment. These hypotheses are supported by the results of the data analysis. For most of the European countries, arms exports also show a significant increase in response to the declining share of central government expenditures allocated to defense, declining terms of trade, and to increases in rates of unemployment. The results apply to increases in the absolute levels of arms exports. Declining terms of trade and unemployment do not have a strong causal impact on arms exports as a percentage of total exports. The latter is responsive only to changes in the defense budget's share of central government expenditures. Thus alleged “arms-for-oil” deals of the middle and late 1970s are too superficial an explanation of European and American arms sales after the 1973 oil crisis

Economics · International economics · International trade · Liberian dollar · Macroeconomics · Unemployment · Defense, Military, and Policy Studies · Employment and Welfare Studies · Fiscal Policy and Economic Growth

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Unique citing works2
Citations per year0,06
Citation span1995 - 2025 (31)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 2

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