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Defence Partnerships and Economic Dynamics: An Analysis in PESCO Countries
This paper employs a panel vector autoregressive (PVAR) approach to investigate the relationship among military expenditure, investment, and economic growth, over the period after the enforcement o...
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.