• Media type: E-Book
  • Title: Coups d'État and Defense Spending : A Counterfactual Analysis
  • Contributor: Bove, Vincenzo [Author]; Nisticò, Roberto [Other]
  • imprint: [S.l.]: SSRN, [2015]
  • Extent: 1 Online-Ressource (24 p)
  • Language: English
  • Origination:
  • Footnote: In: Public Choice, Vol. 161, No. 3-4, 2014
    Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2014 erstellt
  • Description: We explore how institutional set-ups, in particular changes in political institutions through coups d'état, can affect the way military expenditures are determined. We use a counterfactual approach, the synthetic control method, and compare the evolution of the military burden for 40 countries affected by coups with the evolution of a synthetic counterfactual that replicates the initial conditions and the potential outcomes of the countries of interest before exposure to coups. Our case studies suggest that successful coups result in a large increase in the military burden. However, when no effects or a decrease in the defense burden are found, it is often the consequence of a democratization process triggered by the coup. These results are in keeping with recent theoretical developments on the bargaining power of the military in authoritarian regimes. Failed coups, by contrast, produce a smaller, and mostly positive, effect on the military burden, possibly as a result of the incumbent's strategy to avert further challenges to the stability of the regime by buying off the military
  • Access State: Open Access