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Dynamic causalities between defense expenditure and economic growth in China : evidence from Rolling Granger causality test/ Chiwei Su

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SU Chiwei

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In: Defence and Peace Economics: Vol 31, No. 5, August 2020, pp.565-582Summary: The objective of this study is to test time-varying causal nexus between defense expenditure and economic growth in China. As the most pivotal expenditure, defense expenditure has been playing a significant role in the macro-economy. The allocation of military and non-military expenditures for developing economies is a major policy issue that can direct the pace of economic growth.

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Item type	Current library	Call number	Copy number	Status	Date due	Barcode
Journal Article	Mindef Library & Info Centre Journals	CHINA (Browse shelf(Opens below))	1	Not for loan		65421-1001

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The objective of this study is to test time-varying causal nexus between defense expenditure and economic growth in China. As the most pivotal expenditure, defense expenditure has been playing a significant role in the macro-economy. The allocation of military and non-military expenditures for developing economies is a major policy issue that can direct the pace of economic growth.

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