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Phases of Imitation and Innovation in a North-South Endogenous Growth Model

Author

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  • Christos Kollias

    (Department of Economics, University of Thessaly)

  • Paschalis Arvanitidis

    (Department of Economics, University of Thessaly)

Abstract

Military spending as a share of GDP, represents the resources used in the implementation of national defence policy. A convergence in terms of defence burdens would be an indication of a defence policy convergence in terms of inputs. This theme is examined here using SIPRI’s new consistent database that covers both the Cold War era as well as the post-bipolar period. The results reported herein point to a process of convergence only in the post-bipolar period possibly reflecting the emergence of defence policies that share similar characteristics at least in terms of the allocation of resources. However, this convergence pattern seems to be reversing in recent years.

Suggested Citation

  • Christos Kollias & Paschalis Arvanitidis, 2018. "Phases of Imitation and Innovation in a North-South Endogenous Growth Model," Working Papers 1001, European Centre of Peace Science, Integration and Cooperation (CESPIC), Catholic University 'Our Lady of Good Counsel'.
    • Handle: RePEc:pea:wpaper:1001
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    References listed on IDEAS

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    Keywords

    North-South; growth model; innovation assimilation;
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