Next Article in Journal
Cluster Flows and Multiagent Technology
Next Article in Special Issue
A Multicriteria Goal Programming Model for Ranking Universities
Previous Article in Journal
Fundamentals of Synthesized Optimal Control
Previous Article in Special Issue
A Failure Mode Assessment Model Based on Neutrosophic Logic for Switched-Mode Power Supply Risk Analysis
Open AccessArticle

A Multiobjective Model for Analysis of the Relationships between Military Expenditures, Security, and Human Development in NATO Countries

1
Programa de Doctorado en Economía y Empresa, Universidad de Málaga, 29013 Málaga, Spain
2
Oficial de Estado Mayor Técnico de la Fuerza Aérea Ecuatoriana, Calle Exposición 208, La Recoleta, Quito 170403, Ecuador
3
Departamento de Matemática Aplicada y Estadística, Universidad CEU San Pablo, c/Julian Romea 23, 28003 Madrid, Spain
4
Departamento de Economia Aplicada (Matematicas), Universidad de Málaga, c/Ejido 6, 29013 Málaga, Spain
5
Instituto de Posgrado, Universidad Técnica de Manabí, Avenida Urbina y Ché Guevara, Portoviejo, Manabí 130105, Ecuador
*
Author to whom correspondence should be addressed.
Mathematics 2021, 9(1), 23; https://doi.org/10.3390/math9010023
Received: 27 November 2020 / Revised: 14 December 2020 / Accepted: 21 December 2020 / Published: 24 December 2020
(This article belongs to the Special Issue Recent Advances and Applications in Multi-Criteria Decision Analysis)
The aim of this work is to design a multiobjective model to explain the behavior among military expenditures (MEs), the human development index, and the global peace index in countries belonging to the North Atlantic Treaty Organization (NATO) for the study period 2008–2016. In order to solve this problem, different decision variables have been considered: health expenditure, education expenditure, Gross Domestic Product (GDP), collected taxes, public debt, and R&D costs, which are related to health, education, and economic sectors. To determine the relationships among decision variables making up the objective functions and model constraints, different panel data models were estimated. The obtained results show that the major part of the NATO countries present a behavior which differs from what is efficient. In this context, this work highlights the path to follow by each country, such as the implementation of public budget policies in the health and education sectors, and for collected taxes and public debt, to achieve efficient solutions. View Full-Text
Keywords: multiobjective; panel data models; military expenditures; development; peace multiobjective; panel data models; military expenditures; development; peace
Show Figures

Figure 1

MDPI and ACS Style

Vallejo-Rosero, P.; García-Centeno, M.C.; Delgado-Antequera, L.; Fosado, O.; Caballero, R. A Multiobjective Model for Analysis of the Relationships between Military Expenditures, Security, and Human Development in NATO Countries. Mathematics 2021, 9, 23. https://doi.org/10.3390/math9010023

AMA Style

Vallejo-Rosero P, García-Centeno MC, Delgado-Antequera L, Fosado O, Caballero R. A Multiobjective Model for Analysis of the Relationships between Military Expenditures, Security, and Human Development in NATO Countries. Mathematics. 2021; 9(1):23. https://doi.org/10.3390/math9010023

Chicago/Turabian Style

Vallejo-Rosero, Patricio; García-Centeno, M. C.; Delgado-Antequera, Laura; Fosado, Osvaldo; Caballero, Rafael. 2021. "A Multiobjective Model for Analysis of the Relationships between Military Expenditures, Security, and Human Development in NATO Countries" Mathematics 9, no. 1: 23. https://doi.org/10.3390/math9010023

Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Search more from Scilit
 
Search
Back to TopTop