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spending changes and economic growth in China over the period 1995 to 2018 using granger causality test. We would also explore … short and long run relationship between GDP growth and military expenditure of China.Approach/Methodology/Design: Data used … from military spending to economic growth is observed in this study. China's positive economic growth can finance its …
Persistent link: https://www.econbiz.de/10012834015
China's rapid economic growth is facilitating massive increases in its military spending and causing increased security … concerns in Asia and the Western pacific. But there is uncertainty over how large China's military spending is relative to …) price index based on the relative unit costs of inputs. We find that China's real military spending is much larger than …
Persistent link: https://www.econbiz.de/10013025237
dependence and military expenditure in China. The empirical results demonstrate that the crude oil dependence Granger causes …
Persistent link: https://www.econbiz.de/10012703320
of India, China, and Pakistan, covering the period between 1990 and 2018. The study finds that the positive and negative … impact of military expenditure has a sig- nificant positive and negative effect on economic growth in the long run for China …
Persistent link: https://www.econbiz.de/10013232775
This paper re-examines the long-run causal relationship between military expenditure and economic growth in China over …
Persistent link: https://www.econbiz.de/10014157943
This article investigates the impact of military spending changes on economic growth in China over the period 1953 to …
Persistent link: https://www.econbiz.de/10014145216
Persistent link: https://www.econbiz.de/10010528798
This week, with the Federal Reserve Banks of New York and Atlanta anticipating sharply lower GDP growth for 2019:Q1, President Trump presented a ‘Budget for A Better America’, calling for a smaller government and a bigger military. Forty years ago, the very same call was hailed as the best...
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