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The article explores the spin-off effect controversy surrounding the role of military spending in economic development by investigating its impact on output in six industries linked to the military. The article's econometric investigation does not support the case for spin-off effects. The...
Persistent link: https://www.econbiz.de/10005462771
This paper engages with sustainability in higher education, based on working in transformative education with undergraduate engineers and in academic staff development at several Australian universities. It argues that we need to replace 'growth' as our guiding metaphor, with alternatives such...
Persistent link: https://www.econbiz.de/10010816729
This article explores the relationship between public investment and growth among 56 low and middle income nations during the 1980s. The theoretical grwoth iterature emphasizes that initial increments of public capital raise growth but, at some point, additional increments of public capital...
Persistent link: https://www.econbiz.de/10009220851
The article explores the effects of public expenditures on growth among 73 countries over the 1970-89 period. While much of the literature attributes weak growth to public investment and social expenditures which inhibit growth through crowding-out and rent-seeking, the article highlights the...
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This paper considers the role of corruption in impelling capital flight. Identifying corruption as one dimension of poor governance, the empirical analysis explores direct linkages between corruption and capital flight in a broad sample of countries. The novelty of this investigation is that it...
Persistent link: https://www.econbiz.de/10009223939