Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/31432
Title: Burden sharing in NATO
Authors: Papanastasiou, John A.
Lazaridis, Ioannis T.
Karagiorgos, Theofanis
Keywords: Marginal utility
North Atlantic Treaty Organization
Consumption (Economics) -- Econometric models
Issue Date: 2003
Publisher: University of Piraeus. International Strategic Management Association
Citation: Papanastasiou, J. A., Lazaridis, I. T., & Karagiorgos, T. (2003). Burden sharing in Nato. European Research Studies Journal, 6(3-4), 207-220.
Abstract: During the period of cold war, NATO alliance was producing defence commodity to protect its members from the common threat of ex-Soviet Union. The paper examines the problem of burden sharing among NATO allies. It is shown that larger countries are benefited more than smaller countries from the production of the public good i.e defence, if the income elasticity of marginal utility of income is greater than one in absolute value. Complete demand systems are employed for estimating the income elasticity of marginal utility of income.
URI: https://www.um.edu.mt/library/oar//handle/123456789/31432
ISSN: 11082976
Appears in Collections:European Research Studies Journal, Volume 6, Issue 3-4

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