Examining the relationship between regime type and defense effort provides evidence for reformulating theories of democratic peace. Consistent with liberal theories, regime type has substantively and statistically significant effects. In times of peace, democracies bear lower defense burdens than other states and keep proportionately fewer soldiers under arms. During times of war, however, democracies try harder and exert greater defense effort than non-democracies. Contrary to the results of some recent studies, all other things being equal, the arsenal of democracy appears to out-gun its opponents when it counts. Examining three components of democracy separately indicates that a largely overlooked factor, political competition, tends to ...