Is one of the 'peace dividends' negative? Military expenditure and economic growth in the wealthy OECD countries

被引：25
|
作者：
Landau, D
机构：
[1] University of Connecticut, Department of Economics, Waterbury, CT 06710-2288
来源：
QUARTERLY REVIEW OF ECONOMICS AND FINANCE | 1996年 / 36卷 / 02期
关键词：
D O I：
10.1016/S1062-9769(96)90038-1
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper studies the effect of military spending - milex - on economic growth in the wealthy OECD countries. The hypothesis is that increased milex will have a non-linear effect with higher milex associated with faster growth at low levels and slower growth at higher levels. The repression results are consistent with the hypothesis.
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页码：183 / 195
页数：13
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