@article{ref1,
title="A long-run analysis of defence spending in the nato countries (1960-99)",
journal="Defence and peace economics",
year="2004",
author="Gadea, MD and Pardos, E and Pérez-Forniés, C",
volume="15",
number="3",
pages="231-249",
abstract="This paper analyses the long-run demand for defence output through a homogeneous treatment of 15 NATO member countries between 1960 and 1999. We carry out a progressive study of the interactions between either defence spending or defence burden and their main determinants: income, external threat and allied military spending. To that end, we use time-series analysis with endogenously determined structural breaks. We further consider individual country functions related to one another through a common correlated effects method, in order to take into account explicitly the connections between members of an alliance.<p />",
language="",
issn="1024-2694",
doi="10.1080/1024269042000189273",
url="http://dx.doi.org/10.1080/1024269042000189273"
}