@article{ref1,
title="An Empirical Analysis of the Arms Race Between South and North Korea",
journal="Defence and peace economics",
year="2004",
author="Bae, Jun Sik",
volume="15",
number="4",
pages="379-392",
abstract="This study analyses an arms race between South and North Korea over the period 1963-2000. Despite the strategic importance of the Korean Peninsula, the arms race between South and North Korea has rarely been studied. In this study, the South-North arms race is empirically estimated using Richardson's action-reaction model. The pattern of South-North arms race between the Cold War (1963-1989) and the post-Cold War eras (1990-2000) as well as the existence of an arms race is examined comparing both countries' defence spending, number of military personnel and tactical aircraft.<p />",
language="",
issn="1024-2694",
doi="10.1080/1024269032000155785",
url="http://dx.doi.org/10.1080/1024269032000155785"
}