MILITARY-GROWTH CORRELATION: NEW EVIDENCE FROM DEVELOPING COUNTRIES
It is generally believed that high levels of military expenditures hamper economic growth because it crowds out investment. In this study, we investigate how defense spending affects economic growth in the 50 developing countries over the period 2010 to 2016. The results reveal that there is a po...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Regional Department of Defense Resources Management Studies
2021-10-01
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| Series: | Journal of Defense Resources Management |
| Subjects: | |
| Online Access: | http://www.jodrm.eu/issues/Volume12_issue2/06_KHALID_KHAN.pdf |