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The relationship between economic growth and military spending in China is examined. An empirical model of China … China is on the way to becoming the dominant regional power in Asia. Results further indicate that while China's military …. Long-term forecasts made employing the empirical military spending model for China introduced in this paper, conditional on …
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One of the necessities of public life and one of the basic elements of the state aiming to fulfill the demands and requirements of individuals which form the community is sovereignty. Sovereignty is separated into two as internal and external. This means, state should provide internal security...
Persistent link: https://www.econbiz.de/10011167160
One of the necessities of public life and one of the basic elements of the state aiming to fulfill the demands and requirements of individuals which form the community is sovereignty. Sovereignty is separated into two as internal and external. This means, state should provide internal security...
Persistent link: https://www.econbiz.de/10011268802
Past and contemporary research has examined the relationship between military spending and economic growth and has reported mixed results. These conflicting findings are perhaps due to the methodologies employed. Consequently, this study employs a simple, parsimonious New Growth model to...
Persistent link: https://www.econbiz.de/10010770065
The purpose of this research is to investigate the causal relation between military spending and economic growth in one of the MENA countries, Jordan using annual data over the period 1988-2007. The methodology used in this study follows Toda and Yamamoto (1995) procedure in order to test the...
Persistent link: https://www.econbiz.de/10010900795
In this paper drawing from the theoretical framework developed by Shieh et al., (2002), we present an endogenous growth model to empirical analyze the growth maximizing allocation of public capital among military spending and investment in infrastructure. Using this general model of public...
Persistent link: https://www.econbiz.de/10004994373