Aizenman, Joshua (contributor); Glick, Reuven (contributor) - 2003 - [Elektronische Ressource]
-linear interactions
between military expenditure, external threats, corruption, and other relevant
controls. While growth falls with … growth, in the presence of rent seeking and corruption. We also
provide empirical evidence of non-linear interaction effects … of corruption when analyzing the
impact of military spending on growth.
We close the paper with discussion of possible …