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The comments were offered at an International workshop on Comprehensive human development organized by Insaniya University college and IRTI of IDB on August 18-19, 2009 at Langkawi, Malaysia. The main contribution of the comments are that the construction of human development index is faulty,...
Persistent link: https://www.econbiz.de/10005109565
Using human development index of UNDP that the main factors influencing human resource development are the level of per capita income, its rate of growth, state of income distribution, and expenditure on military. HDI tends to lag behind income growth and is inversely related to military...
Persistent link: https://www.econbiz.de/10005619937
Based on the annual Human Development Reports of the UNDP, this paper finds that the main determinants of human resource development by the HDI for various economies are usually the level of per capita income, its rate of growth, expenditure on military, and the state of income distribution. It...
Persistent link: https://www.econbiz.de/10005621827
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 chapter appeared in ‘The Economic background to the Gulf War’, in Yuval-Davis,N and Bresheeth,H (eds) The Gulf War …-Projekt übernehmen'></a> The book, a landmark in dissent against the conflagration that has become the war in Iraq, collated works from … scholars throughout the world who sought to penetrate the rhetoric of war, and understand its economic and political causes. In …
Persistent link: https://www.econbiz.de/10005790161
Meta analysis is conducted to review 32 empirical studies with 169 estimates to find the combined overall effect of military expenditure on economic growth. Using a meta fixed and random effects and regression analysis, our results show that there exists a "genuine" net effect of military...
Persistent link: https://www.econbiz.de/10008839493
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
understanding of the issues and limitations of previous work. A recent survey has suggested that the inclusion of post Cold War data …
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