| ID | 119267 |
| Title Proper | Military spending and economic growth in South Asia |
| Other Title Information | comment and reconsideration |
| Language | ENG |
| Author | Alexander, W Robert J |
| Publication | 2013. |
| Summary / Abstract (Note) | In a recent paper in this journal, Wijewerra and Webb study the connection between military spending and gross domestic product (GDP) in a group of five South Asian countries, finding a small but statistically significant positive relationship between military spending and GDP. This paper reviews their approach and proposes an alternative which tries to deal with the problems of omitted variables and variable construction. It finds, in contrast, that a higher share of military spending in GDP is associated with lower growth of GDP per capita. |
| `In' analytical Note | Defence and Peace Economics Vol. 24, No.2; Apr 2013: p.173-178 |
| Journal Source | Defence and Peace Economics Vol. 24, No.2; Apr 2013: p.173-178 |
| Key Words | Military Spending ; Economic Growth ; Dynamic Panel Model |