A model of military spending of India and Pakistan

Abstract

The left-hand side of Eq. (1) denotes the rate of change of Indian military expenditure. k and n are positive constants, which, following Richardson's terminology, can be called “defence coefficients.” It is difficult to obtain data for China's defence expenditure. If they are not available, we can try to employ some index numbers or use some proxy variables. This Eq. (1) represents the mistrust and suspicion on the part of India against Pakistan and China. It is true that mistrust is a qualitative aspect of a state of mind. However, we assume that military expenditure is a satisfactory yardstick for measuring it.

Citation

Chatterji, M. (2008), "A model of military spending of India and Pakistan", Chatterji, M. and Jain, B.M. (Ed.) Conflict and Peace in South Asia (Contributions to Conflict Management, Peace Economics and Development, Vol. 5), Emerald Group Publishing Limited, Leeds, pp. 19-30. https://doi.org/10.1016/S1572-8323(08)05002-9