What goes up, must come down? The asymmetric effects of economic growth and international threat on military spending Journal of Peace Research - Rosella Cappella Zielinski, Benjamin O Fordham, Kaija E Schilde, 2017
▻http://journals.sagepub.com/doi/full/10.1177/0022343317715301
There is no evidence that international threat is related to changes in military spending in the short run, and little evidence of a long-run relationship.