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The effects of international sanctions on military spending of Iran : a synthetic control analysis

Farzanegan, Mohammad Reza - 2019

We use the synthetic control method to estimate the effect of international banking and energy sanctions from 2012 to 2015 on military spending of Iran. We create a synthetic control group that mimics the socioeconomic characteristics of Iran before the international sanctions of 2012. We then...

Persistent link: https://www.econbiz.de/10012123033

Military spending and innovation : learning from 19th century world fair exhibition data

Danzer, Alexander M.; Danzer, Natalia; Feuerbaum, Carsten - 2023

We provide quantitative evidence on the relationship between military spending and innovation in the 19th century. Combining innovation data from world fairs and historical military data across Europe, we show that national military spending is associated with national innovation towards war...

Persistent link: https://www.econbiz.de/10014249922

The worst of both worlds : fiscal policy and fixed exchange rates

Born, Benjamin; D'Ascanio, Francesco; Müller, Gernot J.; … - 2019

real exchange rate, according to Keynesian views because it impacts output. Both views have merit because the effects of … government spending are asymmetric. A spending cut lowers output but does not alter the real exchange rate. A spending increase … appreciates the exchange rate but does not alter output unless there is economic slack. We establish these results in a small open …

Persistent link: https://www.econbiz.de/10012118599

The political economy of conscription

Poutvaara, Panu; Wagener, Andreas - 2009

Though in decline recently, military conscription is still a widely used mode of staffing armies. Since not many valid economic, social or military arguments in favor of the draft can be put forward, the question emerges why societies choose to rely on it. In this survey we explain the political...

Persistent link: https://www.econbiz.de/10003891689

Does development aid increase military expenditure?

Langlotz, Sarah; Potrafke, Niklas - 2016

The diversion of development aid to the recipient's military may be one explanation why aid is often found to be ineffective in promoting economic growth and development. Previous studies have not derived the causal effects of development aid on military expenditure. Using a new instrumental...

Persistent link: https://www.econbiz.de/10011539046

Cyber technology and arms race

Kanniainen, Vesa - 2017

Cyber technology represents digital military capability with the purpose of causing damage to the military strength and the social infrastructure of a potential enemy. War using conventional weapons may be preceded by or combined with a war using cyber technology. This paper introduces such...

Persistent link: https://www.econbiz.de/10011611284

Does a change of government influence compliance with international agreements? : empirical evidence for the NATO two percent target

Blum, Johannes; Potrafke, Niklas - 2019

We examine whether changes of government influence compliance with international agreements. We investigate compliance with the NATO two percent target to which all NATO countries committed themselves during the NATO summit in Wales in 2014. The dataset includes the military expenditure by NATO...

Persistent link: https://www.econbiz.de/10011966866

The value of national defense : assessing public preferences for defense policy options

Qari, Salmai; Börger, Tobias; Lohse, Tim; Meyerhoff, … - 2023

Defense spending accounts for a large share of the budget in many countries, but the value of the resulting public good - national defense - has so far escaped assessment. Much of the literature has instead considered indirect benefits of defense spending in terms of greater economic growth or...

Persistent link: https://www.econbiz.de/10014450765

Using military build-ups to capture fiscal shocks : a reassessment

Yang, Weonho; Fidrmuc, Jan; Ghosh, Sugata - 2014

Ramey (2011a) and others argue that increases in government spending associated with wars and military build-ups constitute a good instrument for measuring the macroeconomic effects of fiscal shocks. We argue that this instrument has two important drawbacks: the composition of government...

Persistent link: https://www.econbiz.de/10010256126

Identification through heterogeneity

Amir Ahmadi, Pooyan; Drautzburg, Thorsten - 2017

Set identification in Bayesian vector autoregression (VARs) is becoming increasingly popular while facing recent criticism about potentially unwanted prior dominance and underrepresented bounds of the identified set. This can lead to biased inference even in large samples. Common estimation...

Persistent link: https://www.econbiz.de/10011611169

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