IDEAS home Printed from https://ideas.repec.org/a/sae/jocore/v30y1986i3p445-468.html
   My bibliography  Save this article

U.S. Defense Spending, Electoral Cycles, and Soviet-American Relations

Author

Listed:
  • Gary Zuk

    (Department of Political Science, Virginia Polytechnic Institute, and State University)

  • Nancy R. Woodbury

    (Department of Political Science, Duke University)

Abstract

We investigate whether U.S. defense spending has been systematically increased (or decreased) during national election years for the presumed purpose of influencing the economy in general and the electorate in particular. Our analysis of five major kinds of defense spending essentially showed no support for a two- or four-year electoral-defense spending cycle. Instead, we find that two international factors, war and the state of U.S.-Soviet relations, have been largely responsible for the distinctively irregular pattern of post-1945 U.S. defense spending.

Suggested Citation

  • Gary Zuk & Nancy R. Woodbury, 1986. "U.S. Defense Spending, Electoral Cycles, and Soviet-American Relations," Journal of Conflict Resolution, Peace Science Society (International), vol. 30(3), pages 445-468, September.
  • Handle: RePEc:sae:jocore:v:30:y:1986:i:3:p:445-468
    DOI: 10.1177/0022002786030003003
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/0022002786030003003
    Download Restriction: no

    File URL: https://libkey.io/10.1177/0022002786030003003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Fair, Ray C, 1978. "The Effect of Economic Events on Votes for President," The Review of Economics and Statistics, MIT Press, vol. 60(2), pages 159-173, May.
    2. MacRae, C Duncan, 1977. "A Political Model of the Business Cycle," Journal of Political Economy, University of Chicago Press, vol. 85(2), pages 239-263, April.
    3. Gillespie, John V. & Zinnes, Dina A. & Tahim, G.S. & Schrodt, Philip A. & Rubison, R. Michael, 1977. "An Optimal Control Model of Arms Races," American Political Science Review, Cambridge University Press, vol. 71(1), pages 226-244, March.
    4. Kuklinski, James H. & West, Darrell M., 1981. "Economic Expectations and Voting Behavior in United States House and Senate Elections," American Political Science Review, Cambridge University Press, vol. 75(2), pages 436-447, June.
    5. McGuire, Martin, 1977. "A Quantitative Study of the Strategic Arms Race in the Missile Age," The Review of Economics and Statistics, MIT Press, vol. 59(3), pages 328-339, August.
    6. William D. Nordhaus, 1975. "The Political Business Cycle," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(2), pages 169-190.
    7. Zuk, Gary & Thompson, William R., 1982. "The Post-Coup Military Spending Question: A Pooled Cross-Sectional Time Series Analysis," American Political Science Review, Cambridge University Press, vol. 76(1), pages 60-74, March.
    8. Hartley, Keith & McLean, Pat, 1978. "Military Expenditure and Capitalism: A Comment," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 2(3), pages 287-292, September.
    9. Ward, Michael Don, 1984. "Differential Paths to Parity: A Study of the Contemporary Arms Race," American Political Science Review, Cambridge University Press, vol. 78(2), pages 297-317, June.
    10. Russett, Bruce, 1982. "Defense Expenditures and National Well-being," American Political Science Review, Cambridge University Press, vol. 76(4), pages 767-777, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bove, Vincenzo & Efthyvoulou, Georgios & Navas, Antonio, 2017. "Political cycles in public expenditure: butter vs guns," Journal of Comparative Economics, Elsevier, vol. 45(3), pages 582-604.
    2. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Post-Print hal-01291401, HAL.
    3. Eric Dubois, 2016. "Political business cycles 40 years after Nordhaus," Public Choice, Springer, vol. 166(1), pages 235-259, January.
    4. Eric Dubois, 2016. "Political Business Cycles 40 Years after Nordhaus," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01291401, HAL.
    5. Rosella Cappella Zielinski & Benjamin O Fordham & Kaija E Schilde, 2017. "What goes up, must come down? The asymmetric effects of economic growth and international threat on military spending," Journal of Peace Research, Peace Research Institute Oslo, vol. 54(6), pages 791-805, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Janet Pack, 1987. "The political policy cycle: Presidential effort vs. presidential control," Public Choice, Springer, vol. 54(3), pages 231-259, August.
    2. Faust, Jon & Irons, John S., 1999. "Money, politics and the post-war business cycle," Journal of Monetary Economics, Elsevier, vol. 43(1), pages 61-89, February.
    3. Pantzalis, Christos & Stangeland, David A. & Turtle, Harry J., 2000. "Political elections and the resolution of uncertainty: The international evidence," Journal of Banking & Finance, Elsevier, vol. 24(10), pages 1575-1604, October.
    4. Robert Michaels, 1986. "Reinterpreting the role of inflation in politico-economic models," Public Choice, Springer, vol. 48(2), pages 113-124, January.
    5. Wisniewski, Tomasz Piotr, 2016. "Is there a link between politics and stock returns? A literature survey," International Review of Financial Analysis, Elsevier, vol. 47(C), pages 15-23.
    6. Ulrich Lächler, 1984. "The political business cycle under rational voting behavior," Public Choice, Springer, vol. 44(3), pages 411-430, January.
    7. Henry Chappell & William Keech, 1985. "The political viability of rule-based monetary policy," Public Choice, Springer, vol. 46(2), pages 125-140, January.
    8. Jacques DEFOURNY, 1979. "Des Cycles Économiques Aux Cycles Politiques," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 50(4), pages 43-56, October.
    9. Jean-Dominique Lafay & Friedrich Schneider & Werner Pommerehne, 1981. "Les interactions entre économie et politique : synthèse des analyses théoriques et empiriques," Revue Économique, Programme National Persée, vol. 32(1), pages 110-162.
    10. Jon Faust & John S. Irons, 1996. "Money, politics and the post-war business cycle," International Finance Discussion Papers 572, Board of Governors of the Federal Reserve System (U.S.).
    11. William D. Nordhaus, 1989. "Alternative Approaches to the Political Business Cycle," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(2), pages 1-68.
    12. Gebhard Kirchgässner, 2016. "Voting and Popularity," CREMA Working Paper Series 2016-08, Center for Research in Economics, Management and the Arts (CREMA).
    13. Michael D. McGinnis, 1991. "Richardson, Rationality, and Restrictive Models of Arms Races," Journal of Conflict Resolution, Peace Science Society (International), vol. 35(3), pages 443-473, September.
    14. Michael Toma & Richard Cebula, 2001. "Politicians, deficits, and monetary policy in the U.S. revisited," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 7(4), pages 419-430, November.
    15. Hibbs, Douglas A, Jr, 2000. "Bread and Peace Voting in U.S. Presidential Elections," Public Choice, Springer, vol. 104(1-2), pages 149-180, July.
    16. Jeroen Klomp, 2020. "Election or Disaster Support?," Journal of Development Studies, Taylor & Francis Journals, vol. 56(1), pages 205-220, January.
    17. Klomp, Jeroen, 2023. "Political budget cycles in military expenditures: A meta-analysis," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1083-1102.
    18. Paola Assael & Felipe Larraín, 1994. "El Ciclo Político-económico: Teoría, Evidencia y Extensión para una Economía Abierta," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 31(92), pages 87-114.
    19. Candel-Sanchez, Francisco, 2007. "Incentives for budget discipline in the presence of elections," European Journal of Political Economy, Elsevier, vol. 23(4), pages 863-884, December.
    20. Alberto Alesina & Roberto Perotti & José Tavares, 1998. "The Political Economy of Fiscal Adjustments," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 29(1), pages 197-266.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:jocore:v:30:y:1986:i:3:p:445-468. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://pss.la.psu.edu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.