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Does military expenditure influence economic growth in Nigeria during 1989 - 2013? : a bound testing approach

Apanisile, Tolulope Olumuyiwa; Okunlola, Charles Olalekan - In: Romanian journal of fiscal policy : RJFP 5 (2014) 2, pp. 56-71

The study examines the effect of military expenditure on output in Nigeria both in the short-run and in the long … testing approach to co-integration. Results showed that military spending has negative and significant effect on output in the … military spending contributes nothing to output in the short-run. …

Persistent link: https://www.econbiz.de/10010492722

Wars have become too cheap to boost growth

Bikler, Šimšōn; Nitzan, Jonathan - 2019

This week, with the Federal Reserve Banks of New York and Atlanta anticipating sharply lower GDP growth for 2019:Q1, President Trump presented a ‘Budget for A Better America’, calling for a smaller government and a bigger military. Forty years ago, the very same call was hailed as the best...

Persistent link: https://www.econbiz.de/10012099436

Military spending and economic growth: The case of Iran

Farzanegan, Mohammad Reza - 2012

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

Military spending and economic growth : the case of Iran

Farzanegan, Mohammad Reza - 2012 - This version: 21 April 2012

Persistent link: https://www.econbiz.de/10009534020

Further evidence on defence spending and economic growth in NATO countries

Ozun, Alper; Erbaykal, Erman - 2011

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/10009260156

Defense spending and economic growth : a theoretical manifestation for empirical studies

Yetkiner, İbrahim Hakan - 2012

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/10009492389

Modeling the defense-growth nexus in a post-conflict country : a piecewise linear approach

Reitschuler, Gerhard; Löning, Ludger J. - 2004

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/10011518136

Military spending, armed conflict and economic growth in developing countries in the post-cold war ara

Aziz, M. Nusrate; Asadullah, Mohammad Niaz - 2016

This paper re-examines the causal impact of military expenditure on growth in the presence of internal and external threats for the period 1990-2013 using data from 70 developing countries. We find that differences in methods, model specifications, and the underlying estimation sample partly...

Persistent link: https://www.econbiz.de/10011474478

Military Expenditure and Economic Growth in Africa : A Cross Country Study of 48 States

Aikaeli, Jehovaness - 2015

This study sought to explore the impact of military spending on Africa's economic growth through an investigation of the status quo across 48 African states. OLS estimation technique is used to analyze cross sectional data; with a view to the two scenarios: low military spending and high military...

Persistent link: https://www.econbiz.de/10013009971

Measuring Hard Power : China's Economic Growth and Military Capacity

Robertson, Peter E. - 2015

China's rapid economic growth is facilitating massive increases in its military spending and causing increased security concerns in Asia and the Western pacific. But there is uncertainty over how large China's military spending is relative to other countries, or how fast it is growing in real...

Persistent link: https://www.econbiz.de/10013025237

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