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The Political Economy of Military Spending in Israel

Published online by Cambridge University Press:  01 August 2014

Alex Mintz  and
Michael D. Ward
Alex Mintz
Affiliation:
Texas A&M University
Michael D. Ward
Affiliation:
University of Colorado
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Abstract

Prior scholarly analysis of Israeli military spending has focused on national security questions. We present a mathematical model incorporating security threats as well as electoral cycles and corporate profits. The parameters are estimated empirically. The results support the idea that in Israel the military budget at the margins is also employed as a political-economic instrument to help manage the economy and to provide a favorable election climate for incumbents. It is suggested that the politicaleconomic dynamic widely attributed to Western industrialized societies may be of increasing importance in other societies throughout the world.

Type
Articles
Information
American Political Science Review , Volume 83 , Issue 2 , June 1989 , pp. 521 - 533
Copyright
Copyright © American Political Science Association 1989

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