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For 1990-2019, this study presents two-step GMM estimates of EU members' demands for defense spending based on alternative spatial-weight matrices. In particular, EU spatial connectivity is tied to EU membership status, members' contiguity, contiguity and power projection, inverse distance, and...
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This paper investigates the interplay of trade and terrorism externalities under free trade between a developed nation that exports a manufactured good to and imports a primary product from a developing nation. A terrorist organization targets both nations and reduces its attacks in response to...
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