@article{ref1, title="National security and the two Koreas", journal="Defence economics", year="1991", author="Ward, Michael D. and Park, Kyung-Yeon", volume="2", number="2", pages="135-150", abstract="A continuous time model of the military competition between North and South Korea is developed and tested using data from 1960-1987. Several policy simulations are explored using this model. We find that there is considerable potential for moderate defence reductions on the peninsula. However, a strong South Korean economy is likely to accommodate real increases in both military and private consumption.

", language="", issn="1043-0717", doi="10.1080/10430719108404686", url="http://dx.doi.org/10.1080/10430719108404686" }