The demand for military spending in the peripheral economies of Europe

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Dunne, J. P.
Nikolaidou, E.
Μυλωνίδης, Νικόλαος

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peer reviewed

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Defence and Peace Economics

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Research on the factors that determine the level of military expenditure or military burden in countries, suggest that the dynamics of the determinants of military spending will be best understood by case studies of individual countries and studies of groups of relatively homogeneous countries. This paper provides a comparative analysis of three of the EU's peripheral economies-Greece, Portugal and Spain. A simple model based on a general theory of the demand for military spending provides the basis for an investigation of the relative importance of strategic and other social and economic factors for the three countries.

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military expenditure, demand, peripheral economies, time series, expenditure, defense

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<Go to ISI>://000221826500007

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en

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Πανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημών

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