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

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  • Töngür, Ünal
  • Hsu, Sara
  • Elveren, Adem Yavuz

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.

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  • Töngür, Ünal & Hsu, Sara & Elveren, Adem Yavuz, 2015. "Military expenditures and political regimes: Evidence from global data, 1963–2000," Economic Modelling, Elsevier, vol. 44(C), pages 68-79.
    • Handle: RePEc:eee:ecmode:v:44:y:2015:i:c:p:68-79
    DOI: 10.1016/j.econmod.2014.10.004
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    Cited by:

    1. Kotera, Go & Okada, Keisuke, 2015. "How Does Democratization Affect the Composition of Government Expenditure?," MPRA Paper 67085, University Library of Munich, Germany.
    2. Okada, Keisuke & Samreth, Sovannroeun, 2019. "Oil Bonanza and the Composition of Government Expenditure," MPRA Paper 96657, University Library of Munich, Germany.
    3. Abu-Ghunmi, Diana & Corbet, Shaen & Larkin, Charles, 2020. "An international analysis of the economic cost for countries located in crisis zones," Research in International Business and Finance, Elsevier, vol. 51(C).
    4. Sajjad F. Dizaji & Mohammad R. Farzanegan, 2020. "Democracy and Militarization in Developing Countries: A Panel Vector Autoregressive Analysis," MAGKS Papers on Economics 202035, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    5. Johannes Blum, 2020. "Democracy’s Third Wave and National Defense Spending," ifo Working Paper Series 339, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    6. Adem Yavuz Elveren & Sara Hsu, 2018. "The Effect of Military Expenditure on Profit Rates: Evidence from Major Countries," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 4(2), pages 75-94, December.
    7. Kodila-Tedika, Oasis & Khalifa, Sherif, 2020. "African Junta and Defense Spending: A Capture Effect or Self-Preservation?," MPRA Paper 103599, University Library of Munich, Germany.
    8. Shakoor Ahmed & Khorshed Alam & Afzalur Rashid & Jeff Gow, 2020. "Militarisation, Energy Consumption, CO2 Emissions and Economic Growth in Myanmar," Defence and Peace Economics, Taylor & Francis Journals, vol. 31(6), pages 615-641, August.
    9. Kotera, Go & Okada, Keisuke, 2017. "How does democratization affect the composition of government expenditure?," Journal of Economic Behavior & Organization, Elsevier, vol. 137(C), pages 145-159.
    10. 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.
    11. Elveren, Adem Yavuz & Özgür, Gökçer, 2018. "The Effect of Military Expenditures on the Profit Rates in Turkey," MPRA Paper 88848, University Library of Munich, Germany.
    12. Adem Elveren & Valentine M. Moghadam, 2019. "The impact of militarization on gender inequality and female labor force participation," Working Papers 1307, Economic Research Forum, revised 21 Aug 2019.

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