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Models of military expenditure
Journal of Applied Econometrics, 1989AbstractA brief review of the extensive empirical literature devoted to explaining levels of military expenditure indicates a wide variety of unreconciled results. However, comparing the alternative models is not straightforward. This paper uses British post‐war military expenditures to illustrate some of the methodological issues involved in model ...
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The Demand for Military Expenditure
The Economic Journal, 1980This chapter provides an analytical survey of models explaining the level of military expenditure, emphasizing empirical econometric models based on optimizing behavior. After setting out the standard neo-classical model in which nation states are represented as rational agents maximizing a welfare function depending on security and economic variables ...
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2011
Abstract Military spending in 2010 reached $1630 billion, an increase of 1.3 per cent in real terms, a slower rate of increase than in recent years. Key regional powers such as Brazil, China, India, Russia, South Africa and Turkey, whose strong economic growths are increasing their global political roles, are also seeking to develop ...
Sam Perlo-Freeman +4 more
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Abstract Military spending in 2010 reached $1630 billion, an increase of 1.3 per cent in real terms, a slower rate of increase than in recent years. Key regional powers such as Brazil, China, India, Russia, South Africa and Turkey, whose strong economic growths are increasing their global political roles, are also seeking to develop ...
Sam Perlo-Freeman +4 more
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INEQUALITY IN MILITARY EXPENDITURES AND THE SAMUELSON RULE
Defence and Peace Economics, 2009In this paper, we show that standard measures used in the income inequality literature, the Lorenz curve and the associated Gini-index, can successfully be applied to the distribution of defence spending across countries. Secondly, we use the Samuelson rule to explain the distribution of military expenditures across countries over time.
Groot, L.F.M., van den Berg, V.
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2010
Abstract World military expenditure reached $1531 billion in 2009, a 6 per cent real-terms increase. The global economic crisis had little noticeable impact on military spending, with increases by 14 of the 15 top spenders. The new Obama Administration has not halted rising US military spending, although there has been some change in ...
Sam Perlo-Freeman +2 more
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Abstract World military expenditure reached $1531 billion in 2009, a 6 per cent real-terms increase. The global economic crisis had little noticeable impact on military spending, with increases by 14 of the 15 top spenders. The new Obama Administration has not halted rising US military spending, although there has been some change in ...
Sam Perlo-Freeman +2 more
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The Demand for Military Expenditure: A Correction
The Economic Journal, 1987This note corrects a mistake in my paper 'The Demand for Military Expenditure', this JOURNAL vol go, December I980, pp. 8I1-20. The structural parameters of the 'Security Function' are wrongly derived from the estimated coefficients on p. 8i6. This error, which has serious repercussions for the interpretation of the results, was pointed out to me by ...
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The Reporting of Military Expenditures
Journal of Peace Research, 1981Abstract Strong assumptions about the military sector are often made from weak data. This is as true for military expenditure data as for other data series. This judgement holds true despite the number of well known and highly reputed institutions putting out military expenditure data.
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