Author: Ioannis Choulis, Marius Mehrl, Kostas Ifantis
Publisher/Publication: Defence and Peace Economics
Volume/Issue: 33 (7)
DOI/ISBN: 10.1080/10242694.2021.1933312
Abstract: The authors in this article suggest a novel approach to study the effect of military build-ups on dispute intensity, using monthly data on Turkish incursions into Greek-claimed airspace. The authors claim that increased Greek military capabilities deter incursions whereas increased Turkish military capabilities fuel them. It is an attempt to overcome the stalemate noted by Brauer in the econometric analysis of the Greek-Turkish arms race dynamics.