Naval Postgraduate School
Evaluating NATO Long Run Defense Burdens Using Unit Root Tests
DRMI_Working_Paper_05-05.pdf (208.5Kb)Abstract
This study evaluates NATO long run defense burdens by analyzing the time series properties of burden measures, namely growth of defense spending, defense share in national output, defense share in government spending, defense spending per capita, and defense share in total NATO spending for the time period 1949-2002. The study also compares the effect of using government Purchasing Power Parity conversion factors and Market Exchange Rates for defense share in total NATO expenditure conversions. The study also examines the implications of NATO expansion in light of the defense burden measures of the newer NATO members.
Description
DRMI Working Paper Series
The series is intended to convey the preliminary results of [DRMI] ongoing research. The research described in these papers is preliminary and has not completed the usual review process for Institute publications. We welcome feedback from readers and encourage you to convey your comments and criticisms directly to the authors.
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