Abstract
This study has investigated the factors that influence the demand for defense expenditures in Pakistan. The study has employed Johansen-Julius cointegration technique by using the annual time series data for the period of 1972-2012. The results showed that the demand for defense spending in Pakistan is influenced by many factors like defense burden of India, War with India, atomic explosions, political stability and trade balance.
Asma Aslam1, Muhammad Ramzan Sheikh2 ,, Asad Abbas3 , , Salman Masood4. (2014) The Demand for Defense Expenditures in Pakistan: An Empirical Analysis, International Journal of Management Research and Emerging Sciences, Volume 4, Issue 1.
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