Masih, Abdul M.M.; Masih, Rumi; Hasan, Mohammad S. - In: Journal of Economic Studies 24 (1997) September, pp. 123-140
Proposes to re-examine empirically the causal relationship between defence spending and economic growth in mainland China. First, using a VAR modelling technique with suitable diagnostics, e.g. Akaike’s FPE statistics and a likelihood ratio test for over- and under-fitting the causal model,...