Chang, Tsangyao; Lee, Chien-Chiang; Hung, Ken; Lee, Kuo-Hao - In: Defence and Peace Economics 25 (2014) 2, pp. 177-191
This study revisits the causal linkages between military spending and economic growth in China and G7 countries (i.e. Canada, France, Germany, Italy, Japan, the UK, and the USA) by focusing country-specific analysis for the period 1988-2010. The panel causality analysis, which accounts for both...