Is military spending converging across Middle Eastern countries? A comprehensive unit root test analysis
中东国家和土耳其的军费开支是否趋同？综合单位根检验分析
¿Está convergiendo el gasto militar entre los países de oriente medio y Turquía? Un análisis exhaustivo de la prueba de raíz unitaria
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Abstract
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.
期刊介绍：
DOMES (Digest of Middle East Studies) is a biennial refereed journal devoted to articles and reviews of topics concerning the Middle East. This encompasses Islam, the Arab countries, Israel, and those countries traditionally referred to as the Near East, including Iran, Afghanistan, Pakistan, and Turkey. DOMES is intended for individuals, libraries, research centers, corporations and government offices with interests in the Middle East. The roster of authors and reviewers represents specialists from different religious, political, and subject backgrounds. The scope of materials published or reviewed covers all subjects originally published in English, European, or non-European languages, ranging from books and journals to databases, films, and other media. DOMES includes informational, creative, and critical literary efforts.
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