This chapter reviews the empirical research on the relation between defense spending and
economic growth. A broad flavor of the approaches adopted by different scholars is provided …

Military expenditure in developing countries raises complex questions regarding growth,
development, security and governance. This chapter provides an analytical survey of the …

This compelling book provides an up-to-date survey of the field of defense economics, the
study of defense and peace issues, with the application of economic analysis and methods …

Defence expenditures have both costs and benefits to the economy. The costs of defence
expenditures are mainly emphasized as opportunity costs. On the other hand, defence …

Despite the proliferation of studies on the impact of military spending on economic growth, it
is still not known whether defense spending hinders or promotes growth. Most analysts …

We examine the relationship between military expenditures and economic growth in the
United States from 1948 to 1990, in order to gauge the potential peace dividend. Our main …

This study revisits the relationship between defence spending and economic growth via a
Keynesian model in Pakistan using the autoregressive distributive lag bounds testing …

This study analyses the defence-growth relationship for 64 developing economies using
cross-section data. It analyses the impact of military expenditure on economic growth with a …

This paper provides a country survey of the Turkish defence economy. Turkey is a member
of NATO alliance and is strategically located between Europe and Middle East. Moreover …

A number of studies consider the relation between military spending and economic growth
using Granger causality techniques. Some studies have used samples of groups of …