Dunne, J. Paul; Smith, Ron P. - In: Handbook of defense economics : volume 2, Defense in a …, (pp. 913-940). 2007
econometric issues involved in estimating models of military arms races, of the competitive acquisition of military capability by …Arms races – enduring rivalries between pairs of hostile powers, which prompt competitive acquisition of military … capability – appear to be a pervasive phenomenon. From the past Cold War competition, between the US and the USSR, to present …