| ID | 107555 |
| Title Proper | Impact of military spending on economic growth |
| Other Title Information | the case of north Cyprus |
| Language | ENG |
| Author | Feridun, Mete ; Sawhney, Bansi ; Shahbaz, Muhammad |
| Publication | 2011. |
| Summary / Abstract (Note) | The present study aims at investigating the causal relationship between defence expenditures and economic growth in the case of North Cyprus using the Autoregressive Distributed Lag (ARDL) bounds testing approach to cointegration and Granger causality tests for the period from 1977 to 2007. The results suggest that the variables in question are in a long-run equilibrium relationship and that there exists a strong, positive unidirectional causality running from defence expenditures to economic growth. |
| `In' analytical Note | Defence and Peace Economics Vol. 22, No.5; Oct 2011: p.555-562 |
| Journal Source | Defence and Peace Economics Vol. 22, No.5; Oct 2011: p.555-562 |
| Key Words | Defence Expenditures ; Military Spending ; Economic Growth ; Cyprus |