Article ID Journal Published Year Pages File Type
5092461 Journal of Comparative Economics 2012 12 Pages PDF
Abstract
► We empirically analyze institutional determinants of military spending. ► We draw on an international database including 157 countries for the period 1988-2006. ► Democracies have lower percentages of military expenditure than autocracies. ► Presidential systems and majoritarian voting rules favor military spending.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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