title: Does a Change of Government Influence Compliance with International Agreements? Empirical Evidence for the NATO Two Percent Target
abstract: We examine whether changes of government influence compliance with international agreements. We investigate compliance with the NATO two percent target to which all NATO countries committed themselves during the NATO summit in Wales in 2014. The dataset includes the military expenditure by NATO countries over the period 2010-2018. The results suggest that countries that do not (yet) comply with the two percent target have smaller growth rates in military expenditure relative to GDP when they exp
journal: RePEc: Research Papers in Economics