J. Paul Dunne
The demand for military spending in developing countries: A dynamic panel analysis
Dunne, J. Paul; Perlo-Freeman, Sam
Authors
Sam Perlo-Freeman
Abstract
Estimating demand functions for developing countries before and after the end of the Cold War, Dunne and PerloFreeman (2003) found little evidence of any change in the underlying relationship. One concern with their analysis was that the use of cross-section averages might have obscured important time series effects. This paper deals with this issue by analysing their data using static and dynamic panel data methods. This produces evidence of a change in relationship and suggests that the focus in the literature on cross-section analyses has indeed limited our understanding of important dynamic processes at work within countries.
Citation
Dunne, J. P., Dunne, J. P., & Perlo-Freeman, S. (2003). The demand for military spending in developing countries: A dynamic panel analysis. Defence and Peace Economics, 14(6), 461-474. https://doi.org/10.1080/1024269032000085224
| Journal Article Type | Conference Paper |
|---|---|
| Publication Date | Jan 1, 2003 |
| Journal | Defence and Peace Economics |
| Print ISSN | 1024-2694 |
| Publisher | Taylor & Francis (Routledge) |
| Peer Reviewed | Peer Reviewed |
| Volume | 14 |
| Issue | 6 |
| Pages | 461-474 |
| DOI | https://doi.org/10.1080/1024269032000085224 |
| Keywords | military spending, developing countries |
| Public URL | https://uwe-repository.worktribe.com/output/1066479 |
| Publisher URL | http://dx.doi.org/10.1080/1024269032000085224 |