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Defense literature is still in need of a theoretical framework in the neoclassical sense, in regard to empirical research on the relationship between defense spending and economic growth. In this respect, Dunne, Smith and Willenbockel (2005), although not without technical problems, represented...
Persistent link: https://www.econbiz.de/10011807212
Over the last decade, the Iranian government budget on military 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. We analyze the response of the Iranian economy to shocks...
Persistent link: https://www.econbiz.de/10010294401
The defense-growth nexus is investigated empirically using longitudinal data for Guatemala and allowing the effect of defense spending on growth to be nonlinear. Using recently developed econometric methods involving threshold regressions, evidence of a level-dependent effect of military...
Persistent link: https://www.econbiz.de/10010324185
The main purpose of this paper is to analyze the causal relationships between defence spending and economic growth using the Toda-Yamamoto approach to Granger causality test in the case of selected NATO countries for the period of 1949-2006. NATO countries spend biggest proportion of defence...
Persistent link: https://www.econbiz.de/10010500182
Survey data from urban China in 2002 show levels of life satisfaction to be low, but not exceptionally so, by … international comparison. Many of the determinants of life satisfaction in urban China appear comparable to those for people in …
Persistent link: https://www.econbiz.de/10010268643
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … regional gaps in China as well as an efficient means to promote economic growth. …
Persistent link: https://www.econbiz.de/10010268707
This paper estimates trends in absolute poverty in urban China from 1988 to 2002 using the Chinese Household Income …
Persistent link: https://www.econbiz.de/10010268820
Schumepterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in...
Persistent link: https://www.econbiz.de/10010273506
-reform China, and argues that the trajectory of growth was much more normal during the period of 1978-89 than in the post-1989 era …
Persistent link: https://www.econbiz.de/10010273516
the country to target the world as its market. This research discusses the role of international trade in China's economic … growth. It starts with a review of conceptions as well as the evolution of China's international trade regime and the policy … that China has taken in favor of trade sectors. In addition, China's international trade performance is analyzed …
Persistent link: https://www.econbiz.de/10010274572