Muhammad, Shahbaz; Nuno, Carlos Leitão; Ghazi, Salah Uddin - Volkswirtschaftliche Fakultät, … - 2012
In this paper, we investigate the causal relationship between defence spending and economic growth in Portugal during …, the unidirectional causality from defense spending to economic growth exists in case of Portugal. Therefore, defence … spending can play an important role in economic development of Portugal. …