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," finding that an initial exogenous increase in military expenditure by one country is more than doubled in both the originating country and its neighbor. An implication is that military expenditure is, to an extent, a "regional public bad." Potentially, there is an offsetting public good effect if rebellions are deterred by military expenditure. However, instrumenting for military expenditure, the authors find no deterrence effect of military spending on the risk of internal conflict. So there appears to be no regional public good effect offsetting the public bad arising from a neighborhood arms race.

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Bibliographic Details
Main Authors: Collier, Paul, Hoeffler, Anke
Format: Policy Research Working Paper biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2002-11
Subjects:ACTIONS, ARMAMENTS, ARMS, ARMS RACE, CIVIL CONFLICT, CIVIL WAR, CIVIL WARS, COEFFICIENT OF POPULATION DISPERSION, COLD WAR, CONFLICT, CONFLICT RISK, CONFLICTS, COUNTER-INSURGENCY, DEFENSE, DEMOCRACY, DEMOCRATIC REGIMES, DEMOCRATIZATION, DETERRENCE, DICTATORSHIP, DISPUTES, END OF WORLD WAR, ETHNIC DOMINANCE, ETHNIC FRACTIONALIZATION, ETHNIC GROUP, EXPENDITURE, FINANCIAL RESOURCES, FOREIGN GOVERNMENTS, GEOGRAPHIC CONCENTRATION, INCOME PER CAPITA, INCREASE IN RISK, INDIGENOUS RELIGIONS, INSURGENCY, INTERNAL CONFLICT, INTERNAL SECURITY, INTERNATIONAL CONFLICT, INTERNATIONAL WAR, LINGUISTIC DATA, LINGUISTIC FRACTIONALIZATION, LINGUISTIC FRACTIONALIZATION INDEX, LINGUISTIC GROUP, LOBBYING, MILITARY ADVANTAGE, MILITARY AIRCRAFT, MILITARY BUDGETS, MILITARY CAPABILITY, MILITARY EQUIPMENT, MILITARY EXPENDITURES, MILITARY GOVERNMENT, MILITARY POWER, MILITARY SPENDING, MOTIVATIONS, NAVY, PEACE, PEACE PERIOD, PEACE RESEARCH, POLITICAL INSTITUTIONS, POLITICAL POWER, POST-CONFLICT, REBEL RECRUITMENT, REBELLION, REBELLIONS, RELIGIOUS FRACTIONALIZATION, RELIGIOUS FRACTIONALIZATION INDEX, RISK OF CONFLICT, RISK OF REBELLION, SOCIAL COST, SOCIAL FRACTIONALIZATION, STOCKHOLM INTERNATIONAL PEACE RESEARCH INSTITUTE, TRADE AGREEMENTS, WARFARE,
Online Access:http://documents.worldbank.org/curated/en/2002/11/2075372/military-expenditure-threats-aid-arms-races
http://hdl.handle.net/10986/19207
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