Defense spending and income inequality: evidence from selected Asian countries
This paper examines the causality between defense spending and income inequality in selected Asian countries namely Malaysia, Indonesia, Singapore, Philippines, India and South Korea for the period 1970-2005. Autoregressive Distributed Lag (ARDL) bounds testing procedure is employed to (1) analyze t...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Canadian Center of Science and Education
2009
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Online Access: | http://psasir.upm.edu.my/id/eprint/13880/1/13880.pdf |