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Is There an International Convergence in Defence Burdens? Some Initial Findings

Paschalis Arvanitidis EMAIL logo , Christos Kollias and Konstantinos Anastasopoulos

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.


Corresponding author: Paschalis Arvanitidis, Department of Economics, University of Thessaly, 43 Korai Street, 38333, Volos, Greece, E-mail:

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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Published Online: 2014-10-8
Published in Print: 2014-12-1

© 2014 by De Gruyter

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