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Is military spending converging across countries? : an examination of trends and key determinants

Clements, Benedict J.; Gupta, Sanjeev; Khamidova, Saida - 2019

This paper studies the evolution of worldwide military spending during 1970-2018. It finds that military spending in relation to GDP is converging, but into three separate groups of countries. In the largest group, responsible for 90 percent of worldwide spending, outlays have remained...

Persistent link: https://www.econbiz.de/10012103746

Convergence in military expenditure and economic growth in Africa and its regional economic communities : evidence from a club clustering algorithm

Saba, Charles Shaaba; Ngepah, Nicholas - In: Cogent economics & finance 8 (2020) 1, pp. 1-35

This study examines the convergence in military expenditure and economic growth for a panel of 35 African countries … level reveal no evidence of convergence in military expenditure and growth. However, after robustness tests, the final club … classification results do support the hypothesis of club convergence for the two variables. The results of the analysis show that …

Persistent link: https://www.econbiz.de/10013179649

Defense spending and economic growth : a theoretical manifestation for empirical studies

Yetkiner, İbrahim Hakan - 2012

inconclusive in nature. -- Military Expenditure ; Defense Spending ; Convergence ; Economic Growth …

Persistent link: https://www.econbiz.de/10009492389

Is Military Spending Converging Across Countries? An Examination of Trends and Key Determinants

Clements, Benedict - 2019

This paper studies the evolution of worldwide military spending during 1970-2018. It finds thatmilitary spending in relation to GDP is converging, but into three separate groups of countries. Inthe largest group, responsible for 90 percent of worldwide spending, outlays have remainedstubbornly...

Persistent link: https://www.econbiz.de/10012859871

The effect of military spending on economic growth and unemployment in Mediterranean countries

Korkmaz, Suna - In: International journal of economics and financial issues … 5 (2015) 1, pp. 273-280

Persistent link: https://www.econbiz.de/10010528798

Wars have become too cheap to boost growth

Bikler, Šimšōn; Nitzan, Jonathan - 2019

, and that it required a strong military in order to boost its global muscle and open world markets for its products and …

Persistent link: https://www.econbiz.de/10012099436

Nexus among militarization, economic development, FDI, stock market development and renewable energy usage and CO2 emissions

Husnain, Muhammad; Ali, Waris - In: Pakistan journal of commerce and social sciences 17 (2023) 3, pp. 646-676

CO2 significantly contributes to greenhouse gas (GHG) emissions. This investigation determines the impact of militarization, economic growth (EG), FDI, renewable energy usage on CO2 emissions in three highly militarized countries of Asia: Pakistan, India, and China (PIC). This research used...

Persistent link: https://www.econbiz.de/10014438495

Democracy, military expenditure and economic growth : a heterogeneous perspective

Wang, Xinyi; Hou, Na; Chen, Bo - In: Defence and peace economics 34 (2023) 8, pp. 1039-1070

Persistent link: https://www.econbiz.de/10014390200

Political limits to globalization

Acemoglu, Daron; Yared, Pierre - 2010

Persistent link: https://www.econbiz.de/10003942554

Military expenditure, threats, and growth

Aizenman, Joshua (contributor); Glick, Reuven (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001867918

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