TY - JOUR PY - 2004// TI - A long-run analysis of defence spending in the nato countries (1960-99) JO - Defence and peace economics A1 - Gadea, MD A1 - Pardos, E A1 - Pérez-Forniés, C SP - 231 EP - 249 VL - 15 IS - 3 N2 - 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.
LA - SN - 1024-2694 UR - http://dx.doi.org/10.1080/1024269042000189273 ID - ref1 ER -