Huang, Jr-Tsung; Kao, An-Pang - In: Defence and Peace Economics 16 (2005) 2, pp. 101-115
This paper investigates an important but neglected issue regarding the economic role of defence spending on employment in Taiwan. The study herein adopts official time series data of yearly defence spending, employment in the private sector, GDP, average monthly salary from 1966 to 2002, and the...