| ID | 083242 |
| Title Proper | Demand for military expenditure in developing countries |
| Other Title Information | hostility versus capability |
| Language | ENG |
| Author | Dunne, J Paul ; Perlo-Freeman, Sam ; Smith, Ron P |
| Publication | 2008. |
| Summary / Abstract (Note) | 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. |
| `In' analytical Note | Defence and Peace Economics Vol. 19, No.4; Aug 2008: p293-302 |
| Journal Source | Defence and Peace Economics Vol. 19, No.4; Aug 2008: p293-302 |
| Key Words | Military Spending ; Developing Countries ; Demand ; Defence Expenditure |