Political leaders and military spending

Jeff Carter

Conflict Management and Peace Science, 2024, vol. 41, issue 2, 132-154

Abstract: How are patterns of military spending shaped by political leaders who have substantive policy preferences and need the support of their constituents to remain in power? A formal model developed to address this question indicates leaders’ preferences, political vulnerability, and motivation and their domestic audiences’ preferences jointly influence equilibrium military spending. I find variation in patterns of military spending consistent with the model's implications between 1946 and 2010. My analyses demonstrate that leaders’ desire to remain in power and individual-level characteristics and domestic audiences’ preferences jointly shape policy outcomes and, accordingly, suggest studying the interactions among them can provide insights into a range of topics central to peace science.

Keywords: Domestic politics; leaders; military spending; political institutions (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:sae:compsc:v:41:y:2024:i:2:p:132-154

DOI: 10.1177/07388942231199164

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