This paper analyses the effect of military expenditure on economic growth. With various channels through which military expenditure may influence economic growth, much of the defense economics literature has found inconsistent results. This study is based on the national defense expense for the...

In the article, we analyze that how the innovative activity affects to income redistribution, which have been considered for prolonged period. The effect of spending on R&D usually affects to higher income level; however, the lower income group also becomes easier to approach to high-tech...

The primary objective of this paper is to precisely elaborate the links between trade and economic development and it explains in a very descriptive fashion how hufe investment in socio-economic activities will help economies to strengthen development process Applied Research Economies need...

Rio + 20 has reiterated that sustainable development incorporates three dimensions, one of which is economy including trade. Demand for energy in Asia has also been linked to rising trends of trade and production. Trade and investment can also play a key role in mitigating climate change....

Research and development (R&D) is regarded as a core factor which decides the productivity of a firm in the analysis of modern industrial economics. But the R&D behavior and the consequent effect are observed to be different depending on the firm size and industry belonging. Despite the tendency...