BIROn - Birkbeck Institutional Research Online

    The econometrics of arms races

    Smith, Ron P. and Dunne, J.P. and Nikolaidou, E. (2000) The econometrics of arms races. Defence and Peace Economics 11 (1), pp. 31-43. ISSN 1024-2694.

    Full text not available from this repository.

    Abstract

    There is now a large empirical literature on estimating arms races. This paper surveys some of the econometric issues involved in estimating action‐reaction models of such races. Starting from the traditional Richardson model, it examines issues of identification, specification, and the role of expectations and structural stability. This is done both for the case where the variables are stationary and where they may be I(1) and cointegrated.

    Metadata

    Item Type: Article
    School: School of Business, Economics & Informatics > Economics, Mathematics and Statistics
    Depositing User: Sarah Hall
    Date Deposited: 03 Nov 2020 18:48
    Last Modified: 30 Nov 2021 15:24
    URI: https://eprints.bbk.ac.uk/id/eprint/41129

    Statistics

    Downloads
    Activity Overview
    0Downloads
    46Hits

    Additional statistics are available via IRStats2.

    Archive Staff Only (login required)

    Edit/View Item Edit/View Item