IFTIKHAR, ZAINAB; ALI, AMANAT - In: The Singapore Economic Review (SER) 57 (2012) 03, pp. 1250014-1
This study explores how income inequality and defence burden affects economic growth in different parts of the world … income inequality and defence burden. A by-product of this analysis is the conclusion regarding convergence. Our study finds …. We follow an endogenous growth model that proposes a negative relationship of growth with income inequality and defence …