Abstract
This paper examines whether or not there is convergence in defence burdens across the world. To this effect, σ-convergence and β-convergence methodologies are employed. The sample consists of 128 countries and covers the period 1988–2008. Initial findings reported herein point to a process of convergence in defence burdens possibly reflecting the emergence of defence policies that share similar characteristics at least in terms of the allocation of resources.
Acknowledgments
We sincerely thank an anonymous referee for spotting flaws and typos in a previous version of the manuscript. The usual disclaimer applies.
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