Muhammad, Shahbaz; Nuno, Carlos Leitao; Ghazi, Salah Uddin - Institut de Préparation à l'Administration et à la … - 2014
In this paper, we investigate the causal relationship between defense spending and economic growth in Portugal during the period of 1980–2010. We apply the ARDL bounds testing approach in the presence of structural break. The ARDL–ECM estimation results d