The demand for military expenditures: An
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Leonard Dudley; Claude Montmarquette
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Article
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1981
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Springer US
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English
โ 925 KB
Earlier studies have explained inter-country variations in the share of GNP devoted to military expenditures by international spillovers and by differences in the threat of attack related to relative incomes. In this paper, we use the theory of public choice to explain these differences. We attempt