01739cas a2200253 a 4500 AALejournalIMF001134 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451844030 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Corruption and Military Spending. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (31 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such a relationship exists. The empirical analysis is based on data from four different sources for up to 120 countries in the period 1985-98. The association between military spending and corruption is ascertained by using panel regression techniques. The results suggest that corruption is indeed associated with higher military spending as a share of both GDP and total government spending, as well as with arms procurement in relation to GDP and total government spending. This evidence indicates that defense spending can be considered for constructing governance indicators. Mode of access: Internet Russian Federation imf IMF Working Papers; Working Paper ; No. 2000/023 Full text available on IMF http://elibrary.imf.org/view/journals/001/2000/023/001.2000.issue-023-en.xml IMF e-Library