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The Political Economy of Military Spending in Israel

Author

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  • Mintz, Alex
  • Ward, Michael D.

Abstract

Prior scholarly analysis of Israeli military spending has focused on national security questions. We present a mathematical model incorporating security threats as well as electoral cycles and corporate profits. The parameters are estimated empirically. The results support the idea that in Israel the military budget at the margins is also employed as a political-economic instrument to help manage the economy and to provide a favorable election climate for incumbents. It is suggested that the politicaleconomic dynamic widely attributed to Western industrialized societies may be of increasing importance in other societies throughout the world.

Suggested Citation

  • Mintz, Alex & Ward, Michael D., 1989. "The Political Economy of Military Spending in Israel," American Political Science Review, Cambridge University Press, vol. 83(2), pages 521-533, June.
    • Handle: RePEc:cup:apsrev:v:83:y:1989:i:02:p:521-533_08
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    Citations

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    Cited by:

    1. Ahmed S. Rahman, 2020. "Officer retention and military spending: the rise of the military‐industrial complex during the Second World War," Economic History Review, Economic History Society, vol. 73(4), pages 1074-1096, November.
    2. Michael D. McGinnis, 1991. "Richardson, Rationality, and Restrictive Models of Arms Races," Journal of Conflict Resolution, Peace Science Society (International), vol. 35(3), pages 443-473, September.
    3. Aamer S. Abu-Qarn, 2008. "Six decades of the Israeli-Arab conflict: An assessment of the economic aspects," Economics of Peace and Security Journal, EPS Publishing, vol. 3(2), pages 8-15, July.
    4. Benjamin E. Goldsmith, 2003. "Bearing the Defense Burden, 1886-1989," Journal of Conflict Resolution, Peace Science Society (International), vol. 47(5), pages 551-573, October.
    5. Shimshon Bichler & Jonathan Nitzan, 1996. "Military Spending and Differential Accumulation: A New Approach to the Political Economy of Armament — The Case of Israel," Review of Radical Political Economics, Union for Radical Political Economics, vol. 28(1), pages 51-95, March.
    6. Abu-Qarn, Aamer S. & Abu-Bader, Suleiman, 2009. "On the dynamics of the Israeli-Arab arms race," The Quarterly Review of Economics and Finance, Elsevier, vol. 49(3), pages 931-943, August.
    7. Rosella Cappella Zielinski & Benjamin O Fordham & Kaija E Schilde, 2017. "What goes up, must come down? The asymmetric effects of economic growth and international threat on military spending," Journal of Peace Research, Peace Research Institute Oslo, vol. 54(6), pages 791-805, November.
    8. Mai'a K. Davis Cross & Ireneusz Pawel Karolewski & Kaija Schilde, 2017. "European Military Capabilities: Enablers and Constraints on EU Power?," Journal of Common Market Studies, Wiley Blackwell, vol. 55(1), pages 37-53, January.

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