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Article
A Causal Analysis of Defense Spending and Economic Growth
Journal of Conflict Resolution
  • Abdur Chowdhury, Marquette University
Document Type
Article
Language
eng
Format of Original
18 p.
Publication Date
3-1-1991
Publisher
SAGE Publications
Disciplines
Abstract

The purpose of this article is to investigate the causal relationship between economic growth and defense spending in fifty-five developing countries. Granger-causality tests are employed to analyze the presence and direction of causality between these two variables. Moreover, the study focuses upon the appropriate representation of the nature of nonstationarities apparent in these two economic time series across different countries. The results suggest that the relationship between defense spending and economic growth cannot be generalized across countries. The actual relationship may vary from one country to another due to the use of a different sample period, as well as differences in the socioeconomic structure and type of government in each country.

Comments

Journal of Conflict Resolution, Vol. 35, No. 1 (March 1991): 80-97. DOI.

Citation Information
Abdur Chowdhury. "A Causal Analysis of Defense Spending and Economic Growth" Journal of Conflict Resolution (1991) ISSN: 0022-0027
Available at: http://works.bepress.com/abdur_chowdhury/21/