Demand Function for Military Expenditures in the Persian Gulf States: Static and Dynamic Approach

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Mahdavi Hooshmand; Adeli Omidali

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Journal: INTERDICIPLINARY STUDIES ON STRATEGIC KNOWLEDGE Year:2020 | Volume:10 | Issue:38 Page(s): 313-330

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Title

Demand Function for Military Expenditures in the Persian Gulf States: Static and Dynamic Approach

Author(s)

Mahdavi Hooshmand | Adeli Omidali | Issue Writer Certificate

Keywords

military expenditureQ1

GMM methodQ2

the Persian GulfQ1

demand functionQ2

Abstract

In an effort to protect national security of different countries, a great proportion of governments' revenues is spent on military expenditures. military expenditures in the Persian Gulf states have been steadily increased in the course of recent years because of the highly important position of the region in providing the world’ s energy, escalating level of terrorist threats in Western Asia and increasing competition among the countries. consequently, the aim of this study was to investigate the factors affecting military expenditures in the Persian Gulf states using the GMM method during the period 1990-2017. This quantitative, causal study was conducted using a library research method. The results of this study indicated that an arms competition among the Pension Gulf states is observable. In other words, there was a significant positive relationship between the military expenditures in other countries and those in a particular country. The results also indicated that population, oil revenues, foreign trade, government spending and GDP growth exerted a positive impact on military expenditures. On the contrary, civilian spending had a significant negative impact on military expenditures.

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APA: Copy

Mahdavi, Hooshmand, & Adeli, Omidali. (2020). Demand Function for Military Expenditures in the Persian Gulf States: Static and Dynamic Approach. INTERDICIPLINARY STUDIES ON STRATEGIC KNOWLEDGE, 10(38 ), 313-330. SID. https://sid.ir/paper/265117/en

Vancouver: Copy

Mahdavi Hooshmand, Adeli Omidali. Demand Function for Military Expenditures in the Persian Gulf States: Static and Dynamic Approach. INTERDICIPLINARY STUDIES ON STRATEGIC KNOWLEDGE[Internet]. 2020;10(38 ):313-330. Available from: https://sid.ir/paper/265117/en

IEEE: Copy

Hooshmand Mahdavi, and Omidali Adeli, “Demand Function for Military Expenditures in the Persian Gulf States: Static and Dynamic Approach,” INTERDICIPLINARY STUDIES ON STRATEGIC KNOWLEDGE, vol. 10, no. 38 , pp. 313–330, 2020, [Online]. Available: https://sid.ir/paper/265117/en

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