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What is Defense Expenditure

Handbook of Research on Global Enterprise Operations and Opportunities
The public spending level in defense and military related areas.
Published in Chapter:
Determinants of Public Spending Composition in OECD and MENA Countries: A Political Economy Approach
Ece H. Guleryuz (Istanbul 29 Mayis University, Turkey)
DOI: 10.4018/978-1-5225-2245-4.ch013
Abstract
This paper examines the determinants of different public spending components in the OECD and MENA countries from a political economy perspective. The authors primarily concentrate on partisan motivation approach. Yet, they control for macroeconomic and institutional variables besides the political economy variables in the estimations. They use panel data estimation with country and year fixed effects (two-way fixed effects model) covering the period of 1980 and 2008. Regarding the estimation results of the OECD countries sample, compared to a presidential system, in assembly – elected president and parliamentary systems expansions in public agriculture, education, health, defense, and social protection spending are supported more. Among the macroeconomic variables, current account balance and GDP per capita turn out to be statistically significant. Regarding the estimation results of the MENA countries sample, it is found that right – wing ruling parties support higher levels of public spending in various areas.
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More Results
Public Expenditure on Defense and Economic Development: A Comparative Study on India and China
A military spending plan (or military expense), which is known as a defense budget of a nation is the amount of financial resources devoted to preservation of an armed force or different techniques of defense purposes.
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Trade-Off Between Defense and Development: A Time Series Study in India
Defense expenditure means all current and capital expenditure on the armed forces, including peace keeping forces of defense ministries and other government agencies engaged in defense projects, paramilitary forces when judged to be trained, equipped and available for military operations.
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Defense Expenditure and Economic Performance in SAARC Countries
Expenditure on military activities known as a defense budget of a nation is the amount of financial resources devoted to upkeep of an armed force or different techniques of defense purposes. It frequently reflects how strongly an entity recognizes the likelihood of threats against it, or the amount of aggression it wishes to employ. It also gives an idea of how much financing should be provided for the upcoming year. The size of a budget also replicates the entity's ability to fund military activities. The Factors include the size of that entity's economy, other financial demands on that entity, and the willingness of that entity's government or people to fund such military activity.
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Defense-Education Expenditure Nexus in Economic Growth of Nigeria
The amount that a country spends on military measures or resources.
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