Persistency of military spending and fiscal policy responses to Covid-19

Cantekin K., Elgin C., Elveren A. Y.

Critical Military Studies, vol.9, no.4, pp.568-581, 2023 (Scopus) identifier

  • Publication Type: Article / Article
  • Volume: 9 Issue: 4
  • Publication Date: 2023
  • Doi Number: 10.1080/23337486.2022.2158771
  • Journal Name: Critical Military Studies
  • Journal Indexes: Scopus
  • Page Numbers: pp.568-581
  • Keywords: Covid-19, fiscal policy, Military spending
  • Middle East Technical University Affiliated: Yes

Abstract

© 2022 Informa UK Limited, trading as Taylor & Francis Group.Using a relatively large time-varying cross-country panel dataset of fiscal policy responses to the Covid-19 pandemic, this paper examines the relationship between military spending persistency and the size of the fiscal stimulus packages. The results suggest that countries with more persistent military spending have had smaller fiscal-stimulus packages during the Covid-19 pandemic.