“…Many researchers ‘increasingly want to know what’s happening to an entire distribution, to the relative winners and losers, as well as to averages’ (Das et al, 2019: 141). We know with certainty that greater or smaller spending trends usually have different effects on outcomes such as military modernisation, procurement, operational capabilities and industrial innovation (Bitzinger, 2011; Fiott, 2017; Solar, 2020; Zysk, 2021). In this case, the relationship of military expenditure, among other material indicators, and military effectiveness (Beckley, 2010) is often discussed and summarized in thoughtful ways but predominately focused on the countries in the upper tail of the expenditure distribution.…”