Showing 1 - 10 of 14,890
Persistent link: https://www.econbiz.de/10010510885
Persistent link: https://www.econbiz.de/10012160869
Empirical studies regarding the determinants of private investment in developing countries, including Brazil, have … demonstrated the high inflation's rates negative impact on investment. However, the recent Brazilian's experience clearly shows … that stabilization is not capable of recovering investment's rates. Therefore, the objectives of this study are: a) to …
Persistent link: https://www.econbiz.de/10011872363
The diversion of development aid to the recipient's military may be one explanation why aid is often found to be ineffective in promoting economic growth and development. Previous studies have not derived the causal effects of development aid on military expenditure. Using a new instrumental...
Persistent link: https://www.econbiz.de/10011539046
The diversion of development aid to the recipient’s military may be one explanation why aid is often found to be ineffective in promoting economic growth and development. Previous studies have not derived the causal effects of development aid on military expenditure. Using a new instrumental...
Persistent link: https://www.econbiz.de/10011542201
We examine whether changes of government influence compliance with international agreements. We investigate compliance with the NATO two percent target to which all NATO countries committed themselves during the NATO summit in Wales in 2014. The dataset includes the military expenditure by NATO...
Persistent link: https://www.econbiz.de/10011963033
We examine whether changes of government influence compliance with international agreements. We investigate compliance with the NATO two percent target to which all NATO countries committed themselves during the NATO summit in Wales in 2014. The dataset includes the military expenditure by NATO...
Persistent link: https://www.econbiz.de/10011966866
Using a new instrumental variable strategy, we examine whether bilateral development aid increases military expenditure in recipient countries. The instrument is the interaction of donor government fractionalization and the probability of receiving aid. The dataset includes new data on military...
Persistent link: https://www.econbiz.de/10012019746
What determines the effectiveness of military buildups? We introduce the concept of the military multiplier: the percentage increase in military equipment an additional dollar buys. It varies with the costs of allocating resources to military production, depending, among other things, on the...
Persistent link: https://www.econbiz.de/10015402011
This paper develops a quantitative model of trade, military conflicts, and defense spending. Trade liberalization between two countries reduces probability of an armed conict between them, causing both to cut defense spending. This in turn causes a domino effect on defense spending by other...
Persistent link: https://www.econbiz.de/10010213424