نوع مقاله : مقاله پژوهشی
عنوان مقاله English
نویسندگان English
Today, paying attention to military power and its principle of deterrence among countries has become more important than in the past. In this research, we have studied the effect of Iran's real GDP on military power through two indicators of real military expenditures and the number of military forces using the VECM model for the period of 1359-1401. In this research, using Johansen's Cointegration method, we came to the conclusion that there is a long-term relationship between real GDP and both military indicators. In such a way that an increase of one unit of real GDP causes a significant increase of 1/97 units in real military expenditures and a significant increase of 0/89 units in the number of military forces in the long term. Also, by estimating the short-term error correction relationship for the long-term equation of real military expenditures and military force, it is observed that if these two variables deviate from their long-term trend, every year at a rate of 4/8 percent for the military expenditure model and at a rate of 3/6 percent A percentage for the military force model will repair this gap. which indicates a slow rate of adjustment towards the long-run equilibrium. Due to the same direction of production on both military indicators, in general, it can be concluded that the increase in GDP will lead to military authority for Iran in the long run.
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