Political Science Commons^™

Arms Transfers And Stability In The Developing World: A Causal Model, Bryce W. Reeder

McNair Scholars Research Journal

In recent years, several studies have emerged that seek to understand the nature, scope, and significance of arms transfers in the post-Cold War period. A common theme throughout this literature is the assertion that the collapse of the Soviet Union gave birth to a globalized, commercialized US arms industry dependent upon exports to the developing world in order to survive. Using pooled time-series data, this study tests this assertion via Prais- Winsten panel-corrected standard errors regression. The relationship between such transfers and stability in the developing world is also explored. Using a nonrecursive simultaneous equation model, a new measure of …