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The Shifting Determinants of Defense Spending Preferences Between 1980 and 2008
Authors:Sencer Ecer  Nicholas J Veasey
Institution:1. Department of Economics, Istanbul Technical University, Istanbul, Turkeyecer@itu.edu.tr;3. Deutsche Bank, New York, NY, USA
Abstract:This paper analyzes defense spending preferences using ordered logit regression analysis of American National Election Survey data from 1980 through 2008. Our results indicate that as opposed to having the ideology of isolationism, political party identification towards the Republican Party or having economic stakes in defense spending always play a significant role in increased preference towards defense spending. Demographic groups such as Native Americans, Hispanics, and retired women, a demographic subgroup, display generally positive preferences towards defense spending. Somewhat surprisingly, another demographic subgroup, ‘security moms,’ do not show a preference. Our analysis also displays lower (higher) preference in the early 1990s (2000s) for defense spending compared to the year 2008.
Keywords:Defense spending  Public good
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