Can We Have More Butter and Guns Simultaneously? An Endogeneity Perspective

Drivers and outcomes of military expenditures are an important topic in geopolitics and public debate. It is often argued that increases in the military budget can boost the economy through extended military equipment production. What should then be noticeable is a feedback relationship between mili...

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Bibliographic Details
Main Authors: Rafał Woźniak, Jacek Lewkowicz
Format: Article
Language:English
Published: Collegium of Economic Analysis, SGH Warsaw School of Economics 2023-06-01
Series:Gospodarka Narodowa. The Polish Journal of Economics
Subjects:
Online Access:https://gnpje.sgh.waw.pl/Can-We-Have-More-Butter-and-Guns-Simultaneously-An-Endogeneity-Perspective,168221,0,2.html