This paper examines the determinants of military expenditures with a special focus on political regimes for more than 130 countries for the period of 1963–2000 by employing a dynamic panel data analysis. The paper aims at contributing to the literature by utilizing a recently constructed...

This paper examines the determinants of military expenditures with a special focus on political regimes for more than 130 countries for the period of 1963-2001 by employing a dynamic panel data analysis. The paper aims at contributing to the literature by utilizing a recently constructed...