Bahmani-Oskooee, Mohsen; Goswami, Gour - In: Review of Social Economy 64 (2006) 1, pp. 77-91
spending on black market premium, an area that has not been tackled so far. After adding a measure of military spending to a … well established model of black market premium form the literature, we estimate the model by pooling annual data over the … that higher military spending leads to higher black market premium. …