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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
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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
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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
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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
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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
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Cyber technology and arms race
Kanniainen, Vesa - 2017
that the expected return on cyber investment is convex. It is shown that an asymmetric successful cyber program results in … investment. The optimal scale of a cyber program of a country expected to have access to a superior cyber capability is derived …
Persistent link: https://www.econbiz.de/10011611284
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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
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Years of life lost to revolution and war in Iran
Farzanegan, Mohammad Reza - 2021
This study examines the causal joint effect of a new political regime and war against Iraq on life expectancy of Iranians for the period 1978–1988 during the revolution and war. I use a synthetic control approach to construct a synthetic Iran based on a weighted average of other Middle East...
Persistent link: https://www.econbiz.de/10012510202
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Growing like Germany : local public debt, local banks, low private investment
Hoffmann, Mathias; Stewen, Iryna; Stiefel, Michael - 2021
municipalities crowds out private investment. Our results show how crowding out can happen in a developed economy characterized by … market power to charge higher rates on their SME customers. This crowded out firm investment. Perversely, fiscal … which increasingly borrowed from local public banks. Crowding out lowered aggregate private investment by around 30-40 bio …
Persistent link: https://www.econbiz.de/10012796947
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Does pension privatization increase economic growth? : evidence from Latin America and Eastern Europe
Altiparmakov, Nikola; Nedeljkovic, Milan - 2016
Analyses of pension funding effects on economic growth need to differentiate between "carve-out" pension privatization in Latin America and Eastern Europe and typical "add-on" pension funding in Western Europe and North America. We find no evidence that pension privatization in Latin America and...
Persistent link: https://www.econbiz.de/10011536201