The effects of defense spending on economic performance and, in particular, on economic growth have been studied extensively in the literature. The empirical findings have been ambiguous so far, partly reflecting the econometric difficulties involved in the estimation of this relationship. The...

We study the behavior of defense spending in Switzerland over 1975-2001. Our main interest is in determining how neutrality in international affairs (non-membership in military alliances) affects defense spending. We find that neutrality is associated with a perception of lower levels of...

The traditional political economy account of global climate change governance directs our attention to fundamental collective action problems associated with global public goods provision, resulting from positive or negative externalities as well as freeriding. The governance architecture of the...

Conventional wisdom holds that climate change poses a global public goods problem, thus requiring a global solution that reduces greenhouse gas (GHG) emissions worldwide through some form of centralized target setting and burden-sharing arrangement among countries. Yet, the 2015 Paris Agreement...

We study the behavior of defense spending in Switzerland in 1975-2001. Our main interest is in determining how neutrality in international affairs (non-membership in military alliances) affects defense spending. We find that neutrality is associated with a perception of lower levels of external...