Military Expenditure : Threats, Aid, and Arms Races

Using global data for the period 1960-99, the authors estimate neighborhood arms races. They find that the level of military expenditure is strongly influenced by the expenditure of neighbors. The authors estimate an "arms race multiplier,&quo...

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Bibliographic Details
Main Authors: Collier, Paul, Hoeffler, Anke
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://hdl.handle.net/10986/19207