This paper reviews some of the theoretical and econometric issues involved in estimating growth models that include military spending. While the mainstream growth literature has not found military expenditure to be a significant determinant of growth, much of the defence economics literature has...

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...

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 paper surveys the literature on military expenditure and economic growth us- ing a meta-analysis technique. There exists a vast empirical literature that examines the impact of military expenditure on economic growth. The outcomes of these studies have yielded controversial results....

This paper examines the effect of sectoral demand for military expenditure on the peace dividend between Greece and Turkey by employing a multi region dynamic CGE model. A general purpose of the study is to examine the prospect for conflict resolution if Turkey become a member state for the EU....

Anecdotal evidence relates corruption with high levels of military spending. This paper tests empirically whether such a relationship exists. The empirical analysis is based on data from four different sources for up to 120 countries in the period 1985–98. The association between military...

Research on the factors that determine the level of military expenditure or military burden in countries, suggest that the dynamics of the determinants of military spending will be best understood by case studies of individual countries and studies of groups of relatively homogeneous countries....

There is a large literature on the relationship between economic growth and defense spending, but its findings are often contradictory and inconclusive. These results may be partly due to non-linear growth effects of military expenditure and incorrect model specifications. The literature also...

The goal of this paper is to examine the nexus between GDP and military expenditure. We model this relationship within a multivariate framework by including exports in the model. We use the recently developed bounds testing approach to cointegration and find that there is a long run relationship...