Military expenditure, investment and growth/ (Record no. 40597)

MARC details
000 -LEADER
fixed length control field 01508cam a2200169 4500
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name DUNNE Paul
245 ## - TITLE STATEMENT
Title Military expenditure, investment and growth/
Statement of responsibility, etc. Paul Dunne and Ron Smith
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2020
520 ## - SUMMARY, ETC.
Summary, etc. This paper considers the issues involved in estimating the effect of military expenditure on growth and the reasons for the lack of consensus in the literature. It briefly reviews the economic theory, emphasising the difficult identification issues involved in determining the interaction between military expenditure and output and discusses econometric methods for panels. It then takes advantage of the extended SIPRI military spending to construct a relatively large balanced panel of countries for the period 1960-2014. Rather than the usual focus on the direct relation between military spending on growth, it focusses upon the investment channel. It provides estimates of various models examining the interaction between the three variables and finds that the data do not suggest any strong relations between military expenditure and either investment or growth. This is not unexpected given the theoretical and econometric problems identified.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element MILITARY SPENDING
General subdivision BUDGET
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element INVESTMENT
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element GROWTH
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name SMITH Ron P.
773 ## - HOST ITEM ENTRY
Main entry heading Defence and Peace Economics:
Related parts Vol 31, No. 6, October 2020, pp.601-614
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.tandfonline.com/doi/full/10.1080/10242694.2019.1636182">https://www.tandfonline.com/doi/full/10.1080/10242694.2019.1636182</a>
Public note Click here for full text
945 ## - LOCAL PROCESSING INFORMATION (OCLC)
i 66430.1001
r Y
s Y
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
          Mindef Library & Info Centre Mindef Library & Info Centre Journals 22/12/2021   MILITARY EXPENDITURE 66430.1001 03/01/2024 1 03/01/2024 Journal Article