MARC details
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
XINYI Wang |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Democracy, military expenditure and economic growth: |
| Remainder of title |
A heterogeneous perspective/ |
| Statement of responsibility, etc. |
Xinyi Wang, Na Hou, Ba Chen |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
2023 |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc. |
Countries with different democratic levels tend to show various degrees of emphasis on military expenditure and a consensus can hardly be reached on the economic effect of democracy and military expenditure. By applying a panel vector autoregressive (PVAR) approach, this article examines the potential dynamic and endogenous relationships among democracy, military expenditure and economic growth of 126 countries from 1990 to 2020. Furthermore, the k-means clustering algorithm is employed to account for the heterogeneous interaction between democracy and military expenditure in different countries. The empirical results reveal that the strong positive impact of democracy and the negative effect of military spending on economic growth exists in the full sample and the cluster of countries with low democratic levels and a high military burden. For democratic countries with low military expenditure, there is a more significant and negative impact both of military expenditure on democracy and vice versa. |
| 598 ## - BULLETIN HEADING |
|---|
| Bulletin Heading |
DEMOCRACY, MILITARY EXPENDITURE, ECONOMIC GROWTH, PANEL VECTOR AUTOREGRESSION, K-MEANS CLUSTERING ALGORITHM, NEWARTICLS |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
DEMOCRACY |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
MILITARY EXPENDITURE |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
ECONOMIC GROWTH |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
PANEL VECTOR AUTOREGRESSION |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
K-MEANS CLUSTERING ALGORITHM |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
NA Hou |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
BO Chen |
| 773 ## - HOST ITEM ENTRY |
|---|
| Related parts |
Defence and Peace Economics, Volume 34, Number 8, December 2023, pg. 1039-1070 |
| 856 ## - ELECTRONIC LOCATION AND ACCESS |
|---|
| Uniform Resource Identifier |
<a href="https://www.tandfonline.com/doi/full/10.1080/10242694.2022.2126955">https://www.tandfonline.com/doi/full/10.1080/10242694.2022.2126955</a> |
| Public note |
Click here for full text |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
|---|
| Source of classification or shelving scheme |
Dewey Decimal Classification |
| Koha item type |
Journal Article |
| Suppress in OPAC |
No |
