Is there a Greek-Turkish arms race?: Some further empirical results from causality tests

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Author: Christos Kollias, Suzanna-Maria Paleologou

Publisher/Publication: Defence and Peace Economics

Volume/Issue: 13 (4)

DOI/ISBN: 10.1080/10242690212357

Abstract: The authors in this paper, using cointegration and causality tests, find evidence of a systematic armaments competition between the two countries. Part of the econometric school of study of the post-1945 Greek-Turkish military expenditure and possible arms racing.

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