Military Expenditure Estimation with RJAGS Simulation

The side effect of the ongoing Russian occupation was that it stimulated countries’ intentions to increase their military budgets. Last month following the invasion, Germany announced a budget of 100 billion € for the restructuring of the army and announced that it would spend %2 of its GDP every year. Of course, it is notContinue reading “Military Expenditure Estimation with RJAGS Simulation”