Defense economics: Achievements and challenges

Authors

  • Keith Hartley

DOI:

https://doi.org/10.15355/2.1.45

Abstract

Defense economics is now an established part of economics. This article reviews its achievements as represented by papers published in the research journal Defense and Peace Economics. The range of topics in the journal is reviewed, especially since 2000, and major gaps in coverage are identified. A changing research agenda reflects new developments such as terrorism and international peacekeeping. Gaps remain such as the need for good quality case studies of conflict (e.g., Iraq) and of major weapons projects (e.g., F-22 Raptor). Some challenges are outlined, namely, the choices resulting from the defense economics problem, the U.K.'s nuclear weapons policy, project case studies (e.g., Eurofighter Typhoon), military outsourcing, and data problems.

References

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Barros, C.P. and T. Sandler, eds. 2003. Internal and External Threats: Defense Economic Analysis. Defense and Peace Economics. Special Issue. Vol. 14, No. 6.

Hartley, K., et al. 1993. Economic Aspects of Disarmament: Disarmament as an Investment Process. New York: UNIDIR.

Hartley, K. and T. Sandler, eds. 2000. Special Anniversary Issue of Defense and Peace Economics. Defense and Peace Economics. Vol. 11, No. 1.

Hartley, K. and T. Sandler, eds. 2003. The Economics of Conflict, vols. 1-3. The International Library of Critical Writings in Economics 168. Cheltenham, UK: Elgar.

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Pugh, P. 2007. “Retrospect and Prospect: Trends in Cost and their Implications for UK Aerospace.” Defense and Peace Economics (forthcoming).

Sandler, T., ed. 1992. Terrorism, Guerrilla Warfare, and Insurrections. Defense Economics. Special Issue. Vol. 3, No. 4.

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Published

2007-01-01

How to Cite

Hartley, K. (2007). Defense economics: Achievements and challenges. The Economics of Peace and Security Journal, 2(1). https://doi.org/10.15355/2.1.45

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Section

Articles