The allocation of resources to defence and national security is influenced by several factors, both domestic and external. Empirical findings suggest that military spending is determined by economic, strategic, political, and security factors. Studies that estimate demand functions for such...

This paper examines the economic effects of public spending onGreek economic growth over the period 1842-1938. In less devel-oped countries, such as late-19th- and early-20th-century Greece, pub-lic spending played an important role in the construction of keyinfrastructures and the provision of...