| ID | 123165 |
| Title Proper | Dynamic panel data model for analyzing the relationship between military expenditure and government debt in the EU |
| Language | ENG |
| Author | Paleologou, Suzanna-Maria |
| Publication | 2013. |
| Summary / Abstract (Note) | This paper examines the impact of military spending on general government debt in the enlarged European Union (EU) countries. For this purpose, we use panel data analysis and provide estimates from a dynamic Generalized Method of Moments (GMM) panel model. The dynamics are found to be important and the results suggest that military expenditures do have a large positive impact on the share of general government debt in the EU. |
| `In' analytical Note | Defence and Peace Economics Vol. 24, No.5; Oct 2013: p.419-428 |
| Journal Source | Defence and Peace Economics Vol. 24, No.5; Oct 2013: p.419-428 |
| Key Words | Military Expenditure ; Public Debt ; Dynamic Panel Data |