Determining military expenditures: Arms races and spill-over effects in cross-section and panel data
(2009)
Preprint / Working Paper
This paper considers the determinants of military spending, building on an emerging literature that estimates military expenditure demand functions in cross-section and panel data, incorporating ‘arms-race’ type effects. It updates Dunne and Perlo-Fr... Read More about Determining military expenditures: Arms races and spill-over effects in cross-section and panel data.