Khalid Khan, Adnan Khurshid, Javier Cifuentes-Faura
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Impact of Defence Expenditure on Total Factor Productivity: New Insights from Panel Bootstrap Granger Causality
Geopolitical risk and rising military expenditure may have severe consequences for economic output. Thus, this study analyzes the causal nexus between defence expenditure and total factor productiv...
期刊介绍:
Defence and Peace Economics embraces all aspects of the economics of defence, disarmament, conversion and peace. Examples include the study of alliances and burden-sharing; military spending in developed and developing nations; arms races; terrorism; country surveys; the impact of disarmament on employment and unemployment; the prospects for conversion and the role of public policy in assisting the transition; the costs and benefits of arms control regimes; the arms trade; economic sanctions; the role of the United Nations.