Military Spending, Corruption, and the Welfare Consequences

Received: 15 Dec 2019, Revised: 22 Dec 2019, Accepted: 10 June 2020, Available online: 18 June 2020, Version of Record: 18 June 2020

Hamid E. Ali
&
Sakiru Adebola Solarin

Abstract


In pursuit of good governance and better allocation of resources, corruption is of interest to policymakers and citizens alike. Using panel data from 1996 to 2016 for 59 countries, the aim of this paper is to examine the relation between military spending and corruption. Taking the advantage of GMM method, we have shown across different measures of military spending, countries with higher levels of corruption tend to exhibit higher levels of military expenditures.
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Conflict of interest


“Authors state no conflict of interest”


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This research received no external funding or grants


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Peer review under responsibility of Defence Science Journal


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