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In this paper, we investigate the causal relationship between defense spending and economic growth in Portugal during … economic growth. In addition, the unidirectional causality from defense spending to economic growth exists in the case of … Portugal. Therefore, defense spending can play an important role in economic development of Portugal. …
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, the unidirectional causality from defense spending to economic growth exists in case of Portugal. Therefore, defence …In this paper, we investigate the causal relationship between defence spending and economic growth in Portugal during … spending can play an important role in economic development of Portugal. …
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This paper investigates the nexus between economic growth and defense spending for three adjacent countries, namely Greece, Turkey and Cyprus. Greece and Cyprus, members-countries of European Union spend much more money than other member countries of EU relatively to their GDP. Turkey is in...
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