The Political Economy of Arms Export Restrictions: The Case of Japan

The export of arms belongs to the most contested issues in democracies. In this article, we examine the economic repercussions of the recent easing of the Japanese arms exports restrictions. We develop a rational expectations argument to understand why some political events increase the income of th...

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Bibliographic Details
Published in:	Japanese Journal of Political Science Vol. 13; no. 3; pp. 419 - 439
Main Authors:	TAGO, ATSUSHI, SCHNEIDER, GERALD
Format:	Journal Article
Language:	English
Published:	Cambridge, UK Cambridge University Press 01.09.2012 Cambridge University Press (CUP)
Subjects:	Argumentation Armament Arms trade Bans Budgets Case studies Cold War Defense industry Democracy Enterprises Expectations Exports Exports and Imports Income info:eu-repo/classification/ddc/320 Investors Japan Military sales Military technology Pacifism Political Development Political Economy Political factors Political parties Political science Politics Prices Prime ministers Profits Rational expectations Reforms Restrictions Stock prices Trade policy Trade restrictions Weapons World War II Japan
ISSN:	1468-1099, 1474-0060
Online Access:	Get full text
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