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Is There an International Convergence in Defence Burdens? Some Initial Findings

Paschalis Arvanitidis, Christos Kollias and Anastasopoulos Konstantinos
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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

Abstract: 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.

Date: 2014
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DOI: 10.1515/peps-2014-0030

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