| ID | 083225 |
| Title Proper | Political decisions, defence and growth |
| Language | ENG |
| Author | Erdogdu, Oya S |
| Publication | 2008. |
| Summary / Abstract (Note) | Considering the importance of military expenditures on political and economical success of a government, this empirical study analyzes the relations between political stability, economic growth and military expenditures. Based on the theoretical model developed by Blomberg (1996), the vector autoregression analyzes results for a democratic country and indicates the significance of military expenditures on political stability and private sector investment decisions. |
| `In' analytical Note | Defence and Peace Economics Vol. 19, No.1; Feb 2008: p27-35 |
| Journal Source | Defence and Peace Economics Vol. 19, No.1; Feb 2008: p27-35 |
| Key Words | Defense ; Political Stability ; Growth ; VAR |