Divergence and club convergence in NATO
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Tarih
2023
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Springer Science and Business Media Deutschland GmbH
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This study examines whether there is convergence in military expenditures among NATO countries by using Philips and Sul (Econometrica 75:1771–1855, 2007) convergence methodology. We obtained the primary dataset of 27 NATO member countries between 2009 and 2021 for their military expenditures to accomplish this. The results show no convergence between the military expenditures of NATO member states. In addition, although these 27 member countries are divergent, the analysis also identified three convergent clubs among NATO members with exciting patterns and trends in their military expenditures.
Açıklama
Anahtar Kelimeler
Club convergence, Divergence, Military alliances, Military expenditures, NATO
Kaynak
Empirical Economics
WoS Q Değeri
Q2
Scopus Q Değeri
Q1
Cilt
Sayı
Künye
Kutuk, Y. (2023). Divergence and club convergence in NATO. Empirical Economics, 1-23.
