The demand for defense spending in Russia: Economic and strategic determinants

The demand for defense spending in Russia: Economic and strategic determinants

The allocation of resources to defense and national security is influenced by several factors, both domestic and external. Findings, reported in the relevant empirical literature, suggest that military spending is determined by a cohort of economic, strategic and political factors....

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Main Authors: Christos Kollias, Suzanna-Maria Paleologou, Panayiotis Tzeremes, Nickolaos Tzeremes
Format: Article
Language:English
Published: Voprosy Ekonomiki 2018-10-01
Series:Russian Journal of Economics
Online Access:https://rujec.org/articles.php?id=27086
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spelling doaj-6da52a921f8241c7956d502ab83511792020-11-25T02:44:00ZengVoprosy EkonomikiRussian Journal of Economics2618-72132405-47392018-10-014321522810.3897/j.ruje.4.2708627086The demand for defense spending in Russia: Economic and strategic determinantsChristos Kollias0Suzanna-Maria Paleologou1Panayiotis Tzeremes2Nickolaos Tzeremes3University of ThessalyAristotle University of ThessalonikiUniversity of ThessalyUniversity of Thessaly The allocation of resources to defense and national security is influenced by several factors, both domestic and external. Findings, reported in the relevant empirical literature, suggest that military spending is determined by a cohort of economic, strategic and political factors. This paper estimates a demand function for Russian military expenditure for the period 1992–2015. The results indicate that Russian defense spending is strongly dependent on income from energy exports as well as on the overall performance of the Russian economy. Strategic factors also emerge as significant determinants of such expenditure. https://rujec.org/articles.php?id=27086
collection DOAJ
language English
format Article
sources DOAJ
author Christos Kollias
Suzanna-Maria Paleologou
Panayiotis Tzeremes
Nickolaos Tzeremes
spellingShingle Christos Kollias
Suzanna-Maria Paleologou
Panayiotis Tzeremes
Nickolaos Tzeremes
The demand for defense spending in Russia: Economic and strategic determinants
Russian Journal of Economics
author_facet Christos Kollias
Suzanna-Maria Paleologou
Panayiotis Tzeremes
Nickolaos Tzeremes
author_sort Christos Kollias
title The demand for defense spending in Russia: Economic and strategic determinants
title_short The demand for defense spending in Russia: Economic and strategic determinants
title_full The demand for defense spending in Russia: Economic and strategic determinants
title_fullStr The demand for defense spending in Russia: Economic and strategic determinants
title_full_unstemmed The demand for defense spending in Russia: Economic and strategic determinants
title_sort demand for defense spending in russia: economic and strategic determinants
publisher Voprosy Ekonomiki
series Russian Journal of Economics
issn 2618-7213
2405-4739
publishDate 2018-10-01
description The allocation of resources to defense and national security is influenced by several factors, both domestic and external. Findings, reported in the relevant empirical literature, suggest that military spending is determined by a cohort of economic, strategic and political factors. This paper estimates a demand function for Russian military expenditure for the period 1992–2015. The results indicate that Russian defense spending is strongly dependent on income from energy exports as well as on the overall performance of the Russian economy. Strategic factors also emerge as significant determinants of such expenditure.
url https://rujec.org/articles.php?id=27086
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