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Iranian government budget on military over the last decade has been higher than the average of the world. The current increasing international sanctions aim to reduce the military capabilities and capacities of the Iranian government. In this study, we analyze the response of the Iranian economy...
Persistent link: https://www.econbiz.de/10009402068
The Kantian thought had advanced the idea that wars and military expenditure should decrease as long as democracy widens across the World. Historical evidence seems to invalidate this wisdom because frequency of wars is ncreasing over time and a large amount of public resources is still being...
Persistent link: https://www.econbiz.de/10009369173
as economic growth, unemployment, purchasing power parity, black market premium, poverty and investment. The purpose of …
Persistent link: https://www.econbiz.de/10011112854
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...
Persistent link: https://www.econbiz.de/10005835661
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...
Persistent link: https://www.econbiz.de/10005835770
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...
Persistent link: https://www.econbiz.de/10011107746
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...
Persistent link: https://www.econbiz.de/10011108680
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...
Persistent link: https://www.econbiz.de/10011113189
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...
Persistent link: https://www.econbiz.de/10005790161
equipment can be financed at the cost of investment (guns v. ploughshares), or/and at the cost of human capital formation (guns …
Persistent link: https://www.econbiz.de/10008506937