Yildirim, Julide; Ocal, Nadir - In: Defence and Peace Economics 17 (2006) 1, pp. 37-45
The hostility between India and Pakistan is believed to have led to an arms race between the two countries, which might have contributed to their retarded economic growth. This paper investigates this twin problem of arms race and economic growth for the time period 1949-2003. The empirical...