Is There an International Convergence in Defence Burdens? Some Initial Findings
Christos Kollias and
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Anastasopoulos Konstantinos: Department of Economics, University of Thessaly, 43 Korai Street, 38333, Volos, Greece
Peace Economics, Peace Science, and Public Policy, 2014, vol. 20, issue 4, 611-620
This paper examines whether or not there is convergence in defence burdens across the world. To this effect, σ-convergence and β-convergence methodologies are employed. The sample consists of 128 countries and covers the period 1988–2008. Initial findings reported herein point to a process of convergence in defence burdens possibly reflecting the emergence of defence policies that share similar characteristics at least in terms of the allocation of resources.
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