Effect of military expenditure on economic growth: evidences from India Pakistan and China using cointegration and causality analysis

dc.contributor.authorRaju, Mohammad Hasan
dc.contributor.authorAhmed, Zobayer
dc.date.accessioned2022-06-21T08:42:02Z
dc.date.available2022-06-21T08:42:02Z
dc.date.issued2019-06-21
dc.description.abstractThe study revisited the existing evidences of India Pakistan and China with updated data on the effect of military expenditure on economic growth. Econometric approaches analyzed the short and long run relationship between GDP growth and Military expenditure. Empirical studies have been done using cointegration analysis and causality test to justify the relationship and causality of the variables. Interestingly, study obtained positive log-run relation, no short run relationship and unidirectional long run causality in every cases, but for different degrees of relationship. Obtained results are robust and passed necessary diagnostic tests significantlyen_US
dc.identifier.citationnd European Studies (2019) 4:3 https://doi.org/10.1186/s40856-019-0040-6,en_US
dc.identifier.urihttp://dspace.iiuc.ac.bd:8080/xmlui/handle/123456789/3330
dc.language.isoenen_US
dc.publisherAsian Journal of German and European Studies, Springer openen_US
dc.subjectPeace economicsen_US
dc.subjectGDP growthen_US
dc.subjectMilitary expenditureen_US
dc.titleEffect of military expenditure on economic growth: evidences from India Pakistan and China using cointegration and causality analysisen_US
dc.typeArticleen_US

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