Töngür, Ünal; Hsu, Sara; Elveren, Adem Yavuz - In: Economic Modelling 44 (2015) C, pp. 68-79
This paper examines the determinants of military expenditures with a special focus on political regimes for more than 130 countries for the period of 1963–2000 by employing a dynamic panel data analysis. The paper aims at contributing to the literature by utilizing a recently constructed...