Hoping to contribute to the existing pool of literature, this paper examines the relationship between military expenditure and economic growth in selected Asian countries for the period 1989 to 2004. Our panel unit root test suggests that real GDP per capita and military expenditures are )1(I...

In this study we employ the bounds testing procedure suggested by Pesaran (2001) and dynamic OLS (DOLS) proposed by Stock and Watson (1993) to test the robustness of the causal effect and long-run relationships between military expenditure and economic growth in ASEAN-5 countries from the year...

This analysis clarifies the ambiguous results from military spending and economic growth literature where the impact of military expenditure is frequently found to be non-significant or negative. Investigation re-examines effects of military spending on growth by analysing this relationship...

The debate over the economic effects of military spending continues to develop, with no consensus, but a deepening understanding of the issues and limitations of previous work. A recent survey has suggested that the inclusion of post Cold War data has tended to make finding a negative effect...

This analysis re-examines the relationship between military spending and economic growth using recent advances in panel estimation methods and a large panel dataset. The investigation is able to reproduce many of results of the existing literature and to provide a new analysis on the...

This chapter appeared in ‘The Economic background to the Gulf War’, in Yuval-Davis,N and Bresheeth,H (eds) The Gulf War and the New World Order, pp153-162. London: Zed Press ISBN 1 85649 041 6 <a href="javascript:Pick it!ISBN: 1 85649 041 6"><img style="border: 0px none ;" src="http://www.citavi.com/softlink?linkid=FindIt" alt="Pick It!" title='Titel anhand dieser ISBN in Citavi-Projekt übernehmen'></a> ; 1 85649 042 4 <a href="javascript:Pick it!ISBN: 1 85649 042 4"><img style="border: 0px none ;" src="http://www.citavi.com/softlink?linkid=FindIt" alt="Pick It!" title='Titel anhand dieser ISBN in Citavi-Projekt übernehmen'></a> The book, a landmark in dissent against the conflagration that has become the war...

Like many consumer products, household mortgages have experienced significant innovation in recent decades, with mortgages becoming cheaper, more accessible, and with more features. Many observers have expected that this would increase demand for houses, contributing to a rise in house prices....

Since the crisis experienced in recent years and its close relationship with the state of the public finances of countries, fiscal sustainability and its impact on the real economy, there is a growing interest regarding the study and empirical applications related to the generation of areas to...

The aim of this study is to analyze both the linear and nonlinear co-integration relationship between Euro and U.S. Dollar exchange rates and stock price index with monthly time-series data covering the time period 1980 - 2013 for Turkish Economy. Linear co-integration test is analyzed by the...

Vietnam has been implementing the export-oriented economy, in which the central bank of Vietnam, well-known as the State Bank of Vietnam (SBV), adopted the managed float exchange rate regime in 1990. Therefore, the exchange rate movement plays an important role in stimulating the Vietnamese...