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Shacheng Wang on Muck Rack

Shacheng Wang

As seen in: SAGE Publishing, Taylor & Francis Online
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Articles

The oil price volatility and arms import relationship: the role of security imperatives and budget pressures

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By Shacheng Wang, Hongyuan Wang, Xiaoxi Zhu
| Taylor & Francis Online
ABSTRACT The link between the oil-arms trade has been discussed for a long time but the specific role of the oil price mechanism in the arms imports of net oil exporters has not been effectively proven. This article first constructs a measure of oil-price volatility and then examines its short- and long-run linkages with arms imports.
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