Journal article
Military spending and economic growth in South Asia: comment and reconsideration
Defence and Peace Economics, Vol.24(2), pp.173-178
2013
Abstract
In a recent paper in this journal, Wijewerra and Webb study the connection between military spending and gross domestic product (GDP) in a group of five South Asian countries, finding a small but statistically significant positive relationship between military spending and GDP. This paper reviews their approach and proposes an alternative which tries to deal with the problems of omitted variables and variable construction. It finds, in contrast, that a higher share of military spending in GDP is associated with lower growth of GDP per capita.
Details
- Title
- Military spending and economic growth in South Asia: comment and reconsideration
- Authors
- William R J Alexander (Author) - University of the Sunshine Coast - Faculty of Arts and Business
- Publication details
- Defence and Peace Economics, Vol.24(2), pp.173-178
- Publisher
- Routledge
- Date published
- 2013
- DOI
- 10.1080/10242694.2012.679832
- ISSN
- 1024-2694
- Copyright note
- Copyright © 2013 The Authors. This is an Author's Accepted Manuscript of an article published in W. Robert J. Alexander (2013) MILITARY SPENDING AND ECONOMIC GROWTH IN SOUTH ASIA: COMMENT AND RECONSIDERATION, Defence and Peace Economics,24:2, 173-178, DOI: 10.1080/10242694.2012.679832, available online at: http://www.tandfonline.com/10.1080/10242694.2012.679832
- Organisation Unit
- School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland; USC Business School - Legacy
- Language
- English
- Record Identifier
- 99450172802621
- Output Type
- Journal article
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