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dc.contributor.authorFredericksen, Peter C.
dc.contributor.authorLooney, Robert E.
dc.date1995
dc.date.accessioned2014-04-16T18:25:43Z
dc.date.available2014-04-16T18:25:43Z
dc.date.issued1995
dc.identifier.citationFredericksen, P.C. and Looney, R.E., "A Note on Defense Budgets and Economic Growth: Developing Countries in the 1980s," Journal of International and Comparative Economics, 1995.en_US
dc.identifier.urihttp://hdl.handle.net/10945/40632
dc.descriptionJournal of International and Comparative Economics, Volume 4, pp. 115-120, 1995.en_US
dc.descriptionRefereed Journal Articleen_US
dc.description.abstractThis paper examines how investment, the military burden, and military expenditures as a share of the central government budget have affected economic growth for a sample of developing countries in the 1980s. Factor analysis and discriminant analysis are used to separate the countries into two samples. The model which we estimate indicates that defense expenditures differ among groups of countries as to how these expenditures affect growth. In the group of countries which are relatively militarized, growth is independent of the defense burden. For the low militarized group it appears that the higher the defense burden the higher the growth. For a few countries within this group, increased shares of the central budget allocated to defense seems to spur growth.en_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.en_US
dc.titleA Note on Defense Budgets and Economic Growth: Developing Countries in the 1980sen_US
dc.typeArticleen_US


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