Dunne, J.P. and Perlo-Freeman, S. and Smith, Ron P. (2008) The demand for military expenditure in developing countries: hostility versus capability. Defence and Peace Economics 19 (4), pp. 293-302. ISSN 1024-2694.
Abstract
This paper considers the interpretation of the empirical results of the developing literature on the demand for military spending that specifies a general model with arms race and spill-over effects and estimates it on cross-section and panel data. It questions whether it is meaningful to talk of an 'arms race' in panel data or cross-section data, and suggests that it may be more appropriate to talk about the relevant variables - aggregate military spending of the 'Security Web' (i.e. all neighbours and other security-influencing powers) and the aggregate military spending of 'Potential Enemies' - as acting as proxies for threat perceptions, which will reflect both hostility and capability.
Metadata
| Item Type: | Article |
|---|---|
| Keyword(s) / Subject(s): | Military spending, developing countries, demand |
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Research Centres and Institutes: | Applied Macroeconomics, Birkbeck Centre for, Innovation Management Research, Birkbeck Centre for |
| Depositing User: | Administrator |
| Date Deposited: | 26 Jan 2011 16:16 |
| Last Modified: | 02 Aug 2023 16:51 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/1990 |
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