Military expenditures and political regimes: Evidence from global data, 1963–2000

Ünal Töngür, Sara Hsu and Adem Elveren ()

Economic Modelling, 2015, vol. 44, issue C, 68-79

Abstract: This paper examines the determinants of military expenditures with a special focus on political regimes for more than 130 countries for the period of 1963–2000 by employing a dynamic panel data analysis. The paper aims at contributing to the literature by utilizing a recently constructed political regime data set and controlling for income inequality, a key variable that has not received substantial attention in the context of political regimes, economic growth and military expenditures. Covering a large set of countries and an extended time period, the paper reveals further evidence on the linkage between democracy and military expenditures.

Keywords: Military expenditure; Income inequality; Economic growth; Political regime; Democracy; Dictatorship (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (22)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:44:y:2015:i:c:p:68-79

DOI: 10.1016/j.econmod.2014.10.004

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