TY  - JOUR
PY  - 2003//
TI  - The demand for military spending in developing countries: a dynamic panel analysis
JO  - Defence and peace economics
A1  - Dunne, J. P.
A1  - Perlo-Freeman, Sam
SP  - 461
EP  - 474
VL  - 14
IS  - 6
N2  - Estimating demand functions for developing countries before and after the end of the Cold War, Dunne and Perlo-Freeman (2003) found little evidence of any change in the underlying relationship. One concern with their analysis was that the use of cross-section averages might have obscured important time series effects. This paper deals with this issue by analysing their data using static and dynamic panel data methods. This produces evidence of a change in relationship and suggests that the focus in the literature on cross-section analyses has indeed limited our understanding of important dynamic processes at work within countries.    An earlier version of this paper was presented to the Second CesA/IDN - International Conference on Defence Economics and Security in Mediterranean and Sub-Saharan Africa.<p />
LA  - en
SN  - 1024-2694
UR  - http://dx.doi.org/10.1080/1024269032000085224
ID  - ref1
ER  -