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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Penerbit Universiti Malaysia Terengganu
2013
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Online Access: | http://psasir.upm.edu.my/id/eprint/30843/1/Defense%20spending.pdf |