| Abstract: | We focus upon linkages between militarization and development in Third-World countries. The theoretical and empirical literature variously ascribes positive or negative developmental consequences to militarization. Part of this ambiguity results from an empirical focus solely on the impacts of national defense spending on growth in the gross national product. We expand our analysis to includethreecomponents of militarization (military regimes, participation in the military, and the importation of military hardware), as influences onthreeforms of national development (economic growth, accumulation of human capital, and growth in political rights). An important part of our analysis is the use of regression techniques that address the untoward consequences of a variety of regression problems, that are for the most part untreated in conventional analyses. We find with these techniques that militarization significantly impacts development in readily interpretable ways. |
