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Corruption and military spending

✍ Scribed by Sanjeev Gupta; Luiz de Mello; Raju Sharan


Book ID
114179189
Publisher
Elsevier Science
Year
2001
Tongue
English
Weight
169 KB
Volume
17
Category
Article
ISSN
0176-2680

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Military spending and stochastic growth
✍ Liutang Gong; Heng-fu Zou πŸ“‚ Article πŸ“… 2003 πŸ› Elsevier Science 🌐 English βš– 257 KB

This study examines capital accumulation, military spending, arms accumulation, and output growth in a stochastic endogenous growth model. The analysis shows that higher (lower) growth in foreign military spending leads to faster (slower) economic growth in the home country if the home country's int