Military Expenditure: Econometric Testing of Economic and Political Influences

Daniel Hewitt

No 1991/053, IMF Working Papers from International Monetary Fund

Abstract: Econometric results from an analysis of the determinants of military expenditure in 125 countries during 1972-88 are presented. The dependent variable is the ratio of military expenditure to GDP; included among the explanatory variables are economic and financial indicators, political variables summarizing the form of government, and demographic and geographic features of nations. The results strongly confirm the importance of these variables in explaining cross-country differences in levels of military expenditure.

Keywords: WP; central government; military expenditure; concentration ratio; form of government variable; government consumption expenditure; government finance statistics yearbook; country category; government management; government budget identity; expenditure in proportion to GDP; Gov't consumption ratio; government consumption expenditure in proportion to GDP; consumption expenditure; government management of the economy; Defense spending; Central government spending; Budget planning and preparation; Middle East (search for similar items in EconPapers)
Pages: 37
Date: 1991-05-01
References: Add references at CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=930 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1991/053

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().