An Econometric Analysis of Arms Transfers to the ASEAN Countries.
Abstract
An econometric analysis was carried out on military expenditures and arms imports data for ASEAN (Association of Southeast Asia Nations) countries using both single and simultaneous equation models. A forecasting model was developed following the econometric model. Both models were applied to actual arms transfers data for observations during 1968-1976. The empirical result of the econometric model demonstrated the simultaneity of the two variables above and the result of the forecasting model encouraged the use of the lagged variables to predict the values of military expenditures and arms imports. Both models are useful in the policy analysis of the arms transfers within the ASEAN countries. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1980
- Accession Number
- ADA094594
Entities
People
- Sapto J. Poerwowidagdo
Organizations
- Naval Postgraduate School