Development of Military Spending Determinants in Baltic Countries—Empirical Analysis
The article presents the use of the ARDL model to identify military expenditure determinants of the Baltic States (Lithuania, Latvia, and Estonia). Factors influencing military expenditure include the variables characterizing the economic environment of the analyzed countries (GDP per Capita, Govern...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-08-01
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Series: | Economies |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7099/8/3/68 |