Empirical Analysis of Military Expenditures in NATO Nations

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60162694%3AG42__%2F21%3A00557308" target="_blank" >RIV/60162694:G42__/21:00557308 - isvavai.cz</a>

Result on the web

<a href="https://www.mdpi.com/2227-7099/9/3/107/htm" target="_blank" >https://www.mdpi.com/2227-7099/9/3/107/htm</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/economies9030107" target="_blank" >10.3390/economies9030107</a>

Result language

angličtina

Original language name

Empirical Analysis of Military Expenditures in NATO Nations

Original language description

The aim of the article is to identify possible "follower" behaviour; it means to reveal countries following the average military burden of North Atlantic Treaty Organization (NATO) member states. To analyse the relationship between military expenditure of NATO member states and selected socio-economic variables (average military burden of NATO member states, gross domestic product, government expenditure (non-military), share of trade balance of gross domestic product and population), the Autoregressive Distributed Lag model has been used. The short-term results demonstrate follower behaviour, especially in the new NATO member states (effort to fulfil the commitment to spend 2% of gross domestic product on defence). The long-term results have revealed a positive relationship between military expenditures and the variable describing the average military burden of NATO member states in the traditional and also new NATO member states. A positive relationship between military expenditure and gross domestic product has also been observed in the majority of evaluated countries in the long-term model. The public good effect has been determined in six member states only, and the crowding out effect in five member states. A positive effect of the balance of trade on military expenditure has been observed in two countries only.

Czech name

—

Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2021

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

ECONOMIES

ISSN

2227-7099

e-ISSN

2227-7099

Volume of the periodical

9

Issue of the periodical within the volume

3

Country of publishing house

CH - SWITZERLAND

Number of pages

15

Pages from-to

107

UT code for WoS article

000699213100001

EID of the result in the Scopus database

2-s2.0-85111556539