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Further evidence on defence spending and economic growth in NATO countries

Ozun, Alper; Erbaykal, Erman - 2011

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 spending in the world. Granger causality test on defence-growth issue … relationship between defence spending and growth. The results show that unidirectional causality exists in seven NATO countries …

Persistent link: https://www.econbiz.de/10009260156

Defense expenditures and economic growth relationship : a panel data approach for NATO

Çetin, Güldenur; Yıldırım, Hasan Hüseyin; Koy, Ayben - In: Global approaches in financial economics, banking, and …, (pp. 131-149). 2018

Persistent link: https://www.econbiz.de/10011870178

Military expenditure and impact on economic growth : the case of NATO member countries

Glonț, Oana Ramona; Guzun, Adina Alexandra; Mihit, … - 2020

Persistent link: https://www.econbiz.de/10012602188

Military expansion, economic decline : the impact of military spending on U.S. economic performance

DeGrasse, Robert - 1983 - Expanded ed.

Persistent link: https://www.econbiz.de/10000055143

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

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-run period. In addition, it verified whether military expenditure is an economically non-contributive activity using ARDL bounds testing approach to co-integration. Results showed...

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

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

Defence expenditure and economic growth in Latin American countries : evidence from linear and nonlinear causality tests

Kollias, Chrēstos; Paleologou, Suzanna-Maria; … - In: Latin American economic review : LAER ; official … 26 (2017), pp. 1-25

Using SIPRI’s new consistent database on military expenditures, the paper examines the economic effects of such spending in the case of the 13 Latin American countries. Employing both linear and nonlinear tests, the nexus between defence spending, economic growth, and investment is...

Persistent link: https://www.econbiz.de/10011885698

Military spending and economic growth : the case of Iran

Farzanegan, Mohammad Reza - 2012 - This version: 21 April 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/10009534020

The effect of military spending on economic growth in MENA : evidence from method of moments quantile regression

Raifu, Isiaka Akande; Aminu, Alarudeen - In: Future Business Journal 9 (2023), pp. 1-21

This study adopted a novel quantile regression via moments to explore the effects of military spending on the distribution of economic growth of 14 MENA countries over the period from 1981 to 2019. The method, apart from enabling us to investigate the effects of military spending on the...

Persistent link: https://www.econbiz.de/10014373680

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