Defense spending - economic growth nexus in selected OIC countries: a long-run causality analysis

This paper investigates the long run Granger causality between defense spending and economic growth for 20 selected Organization of Islamic Countries (OIC) by employing the Error-Correction Model (ECM) framework using annual data for the period 1960 to 2005. defense spending (milex) is measured usin...

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Bibliographic Details
Main Authors: Habibullah, Muzafar Shah, Mohd Tahir, Hirnissa, Abdul Hamid, Baharom
Format: Article
Language:English
Published: Penerbit Universiti Malaysia Terengganu 2013
Online Access:http://psasir.upm.edu.my/id/eprint/30843/1/Defense%20spending.pdf