%0 Journal Article %T National security and the two Koreas %J Defence economics %D 1991 %A Ward, Michael D. %A Park, Kyung-Yeon %V 2 %N 2 %P 135-150 %X 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.

%G %I Informa - Taylor and Francis Group %@ 1043-0717 %U http://dx.doi.org/10.1080/10430719108404686