The demand for military spending in developing countries: A dynamic panel analysis

By J. Dunne, Sam Perlo-Freeman. 2003

143 citations recorded by the source corpus.

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.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/adc9768cc16e39850e34fac73e8e537cfcaa1c6a

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In Economics and Econometrics

Citations in the corpus

A PANEL DATA ANALYSIS OF THE NEXUS BETWEEN DEFENCE SPENDING AND GROWTH IN THE EUROPEAN UNION (2007, unknown): “These techniques are acknowledged to offer a better framework for statistical inference vis-à-vis other methodological approaches (Dunne and Perlo-Freeman, 2003).”
The Demand for Military Spending in Developing Countries (2003, methodology): “2 Rosh (1988) used the military burdens of the Security Web countries, but we followed Dunne and Perlo-Freeman (2003) in using total military spending.”
Institutional determinants of military spending (2012, methodology): “In addition to these papers that highlight the importance of security issues, a second wave of research has focused on three types of variable in order to explain military spending: socioeconomic, strategic and political variables (Dunne et al., 2003a, 2003b and 2008; Gadea et al., 2004; Yildirim & ”