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Is military spending converging across Middle Eastern countries? A comprehensive unit root test analysis

Bibliographic Data

ID3894744
AuthorsGulbahar Ucler (0000-0002-5872-8577, Department of Economics, Faculty of Economics and Administrative Sciences Kirsehir Ahi Evran University Kırsehir Turkiye, corresponding author), Serife Ozsahin (0000-0001-8310-1816, Department of Economics, Faculty of Political Sciences Necmettin Erbakan University Konya Turkiye)
Year2024
Volume33
Issue4
Pages430-450
Publication date2024-10-01
Open AccessYes
TypeARTICLE
VenueDigest of Middle East Studies (JOURNAL)
Journal identifiersISSN: 1060-4367 • E-ISSN: 1949-3606
PublisherWiley (PUBLISHER • GB)
DOI10.1111/dome.12340
OpenAlexW4402567363
LanguageEN
Citations received1
References cited84

The Middle East is a region of chronic insecurity due to internal and external tensions. These tensions and insecurity have made the Middle East one of the world's leading regions in military armaments. This study investigates the stochastic convergence of military burden in 10 selected Middle Eastern countries using comprehensive unit root analysis. Stochastic convergence for each country from 1977 to 2020 is examined using conventional, structural break, nonlinear, and Fourier-based unit root tests. Empirical results provide strong evidence of convergence with regional averages in Bahrain, Saudi Arabia, and Oman. There is also some evidence of convergence in the case of Israel, Egypt, Kuwait, Lebanon, and Turkiye. However, evidence for the existence of convergence in Iran and Jordan is weak

Cointegration · Development economics · Econometrics · Economic growth · Economics · Empirical evidence · Geography · Middle East · Unit root · Unit root test · Defense, Military, and Policy Studies · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Mathematics

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Citations per year1
Citation span2026 - 2026 (1)
Highly citedNo

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