Citation

Bae JS. Def. Peace Econ. 2004; 15(4): 379-392.

Copyright

(Copyright © 2004, Informa - Taylor and Francis Group)

DOI

10.1080/1024269032000155785

PMID

unavailable

Abstract

This study analyses an arms race between South and North Korea over the period 1963-2000. Despite the strategic importance of the Korean Peninsula, the arms race between South and North Korea has rarely been studied. In this study, the South-North arms race is empirically estimated using Richardson's action-reaction model. The pattern of South-North arms race between the Cold War (1963-1989) and the post-Cold War eras (1990-2000) as well as the existence of an arms race is examined comparing both countries' defence spending, number of military personnel and tactical aircraft.