Military in politics and budgetary allocations

Vincenzo Bove and Roberto Nisticò ()

Journal of Comparative Economics, 2014, vol. 42, issue 4, 1065-1078

Abstract: This paper investigates the effect of military involvement in politics on budgetary allocations for defence. We employ a variety of econometric models, including pooled OLS and panel data with fixed effects and control for other known determinants of military spending. To deal with endogeneity issues, we also use an IV methodology and find that a higher degree of military involvement in policy-making increases the probability that the military obtain a larger share of output.

Keywords: Military in politics; Military expenditure; IV estimates (search for similar items in EconPapers)
JEL-codes: H11 H56 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (18)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jcecon:v:42:y:2014:i:4:p:1065-1078

DOI: 10.1016/j.jce.2014.02.002

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