Please use this identifier to cite or link to this item: http://hdl.handle.net/11455/68703
DC FieldValueLanguage
dc.contributor.authorChang, H.C.en_US
dc.contributor.authorHuang, B.N.en_US
dc.contributor.authorYang, C.W.en_US
dc.date2011zh_TW
dc.date.accessioned2014-06-11T05:57:12Z-
dc.date.available2014-06-11T05:57:12Z-
dc.identifier.issn0264-9993zh_TW
dc.identifier.urihttp://hdl.handle.net/11455/68703-
dc.description.abstractApplying GMM (Arellano and Bond, 1991) to panel data of 90 countries spanning over 1992-2006, this paper explores possible relationships between military expenditure and economic growth. Based on the definitions of income levels by the World Bank - high, middle and low - our results indicate military spending leads negatively economic growth for the panels of low income countries with a marginally significance level of 10%. Of four different regional panels (Africa. Europe, the Middle East-South Asia and Pacific Rim), a negative but stronger (5% significance level) causal relationship from military expenditure to economic growth is found for the Europe and Middle East-South Asia regions. (C) 2011 Elsevier B.V. All rights reserved.en_US
dc.language.isoen_USzh_TW
dc.relationEconomic Modellingen_US
dc.relation.ispartofseriesEconomic Modelling, Volume 28, Issue 6, Page(s) 2416-2423.en_US
dc.relation.urihttp://dx.doi.org/10.1016/j.econmod.2011.06.001en_US
dc.subjectMilitary expenditureen_US
dc.subjectEconomic growthen_US
dc.subjectDynamic panel dataen_US
dc.subjectGMMen_US
dc.subjectless-developed-countriesen_US
dc.subjecteuropean-unionen_US
dc.subjectdefense expendituresen_US
dc.subjectgovernment sizeen_US
dc.subjectpeace-dividenden_US
dc.subjectcross-sectionen_US
dc.subjectmodelsen_US
dc.subjecttestsen_US
dc.subjectnexusen_US
dc.subjecttimeen_US
dc.titleMilitary expenditure and economic growth across different groups: A dynamic panel Granger-causality approachen_US
dc.typeJournal Articlezh_TW
dc.identifier.doi10.1016/j.econmod.2011.06.001zh_TW
item.cerifentitytypePublications-
item.grantfulltextnone-
item.languageiso639-1en_US-
item.fulltextno fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.openairetypeJournal Article-
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