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What determines military allocations in Africa: Theoretical and empirical investigations
Authors:Nadir A.L. Mohammed
Affiliation:CDEP, African Development Bank , 01 BP V 316 —Abidjan 01, Cote D'Ivoire, Africa
Abstract:This paper investigates theoretically and empirically the determinants of military spending in Africa. It specifies a formal model and uses time‐series and cross‐sectional estimations to ascertain the reasons behind variations in military allocations across and within 40 African countries during 1960–1991. The differences in military expenditures appear to reflect a complex of economic, political, and strategic factors at both national and international levels. Strategic considerations are, however, found to be the most important factors in most African countries.
Keywords:Military expenditures  Determinants  time‐series analyses  cross sectional estimation
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