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The Effect of Military Expenditure on Economic Growth in the World

Source: المجلة العلمية للدراسات التجارية والبيئية
Publisher: جامعة قناة السويس - كلية التجارة بالاسماعيلية
Main Author: Elshafei, Abdalla Sayed Mossalem Ahmed (Author)
Volume/Issue: مج12, ع4
Peer Refereed: Yes
Country: مصر
Date: 2021
Month: أكتوبر
Pages: 65 - 78
DOI: 10.21608/jces.2021.219375
ISSN: 2090-3782
MD No.: 1224208
Content Type: بحوث ومقالات
Language: English
Database(s): EcoLink
Subjects:
الاقتصاد القياسي | النفقات العسكرية | التنمية الاقتصادية | الاقتصاد العالمي
Author's keywords:
The World | Economic Growth | Granger Causality | World Military Expenditure
Online Access:
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Abstract: - The study measures the effect of military expenditure on economic growth, Econometric approaches analyzed the relationship between GDP growth and Military expenditure in the world as one country, Empirical studies have been done using regression analysis equation and cointegration analysis and causality test to justify the relationship and causality of the variables, the results of regression indicate a positive relationship between the two variables in this study. Purpose: -The purpose of this paper measure relationship between world military expenditure and economic growth in the world during the period of 1960-2018. Design/methodology: - The methodology consisted of 3 stages: 1- Assessment world military expenditure and economic growth indicators over five decades use statistics analysis. 2- Regression analysis to identify the relationships between world military expenditures (WME) and economic growth. 3- Estimation of causality between WME and economic growth, modeling the relationship by the Granger causality testing.
ISSN: 2090-3782

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