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