Defense spending and economic growth in Asian economies: A panel error-correction approach
Hoping to contribute to the existing pool of literature, this paper examines the relationship between military expenditure and economic growth in selected Asian countries for the period 1989 to 2004. Our panel unit root test suggests that real GDP per capita and military expenditures are I (1) proc...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Munich University Library
2008
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/18358/ http://ir.unimas.my/id/eprint/18358/1/Muzafar.pdf |