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    Military expenditure and growth in less developed countries

    Deger, S. and Smith, Ron P. (1983) Military expenditure and growth in less developed countries. Journal of Conflict Resolution 27 (2), pp. 335-353. ISSN 0022-0027.

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    Abstract

    This article analyzes the relationship between military expenditure and economic growth in less developed countries using cross-sectional evidence in a macrostatistical framework. Within the context of a fully specified empirical model it is found that military expenditure has a negative effect on growth and thus retards development. Specification sensitivity analysis is conducted to show that the results are robust.

    Metadata

    Item Type: Article
    School: School of Business, Economics & Informatics > Economics, Mathematics and Statistics
    Depositing User: Sarah Hall
    Date Deposited: 10 Nov 2020 20:14
    Last Modified: 01 Dec 2021 16:33
    URI: https://eprints.bbk.ac.uk/id/eprint/41415

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