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This paper explains in detail the construction of series for productivity in the traded and nontraded sectors for a panel of 56 countries spanning 1989–2012. The level of productivity in each sector is defined as real value added per worker in constant 2005 Purchasing Power Parity (PPP)...
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An extensive literature on the effect of military expenditures on economic growth yields conflicting results. A crucial issue that has not been investigated in this context is the possible effect of inequality. The impact of military expenditures on economic growth in Turkey has also received...
Persistent link: https://www.econbiz.de/10010885047
This paper examines empirically whether democracies allocate fewer resources to the military than dictatorships do. It employs a panel of up to 112 countries over the period 1960-2000 to estimate a standard demand for military spending model. While papers on the determinants of military spending...
Persistent link: https://www.econbiz.de/10010886266
This paper presents a theoretical model and empirical evidence from 22 OECD countries to highlight how governments may use the tradeoff between social and military expenditure to advance their electoral and partisan objectives. Three basic results emerge. First, governments tend to bias outlays...
Persistent link: https://www.econbiz.de/10010888981
While many articles have been written on the determinants of military expenditure in developing countries, few have attempted to use a qualitative approach to investigate the underlying motives for military expenditure. This article uses data drawn from interviews with key informants and...
Persistent link: https://www.econbiz.de/10010941250
This article begins by emphasizing that the number and intensity of armed conflict has fallen substantially but that military expenditure levels in sub-Saharan Africa have nonetheless increased, largely as a result of South African expenditure. The article attempts to answer two questions....
Persistent link: https://www.econbiz.de/10010941259
With world military expenditure rising rapidly since 2000, one of the possible drivers that has drawn less attention has been the role of natural resource revenues, especially oil. Countries as diverse as Angola, Azerbaijan, Chad, Iraq, Kazakhstan, Nigeria, and Timor-Leste have seen huge rises...
Persistent link: https://www.econbiz.de/10010941294
Until recently, a long-standing, impressively large, and growing literature on the effects of military expenditure on economic growth appeared to have failed to result in a scholarly consensus. But the availability of 20 more years of data since the thawing of the cold war has helped researchers...
Persistent link: https://www.econbiz.de/10010941331