The interrelationship between defence spending, public expenditures and economic growth: evidence from China /
Liming Zhao
- 2017.
The study examines the relationship between defence spending, other components of public spending and economic growth for the 1952 - 2012 period in China. The findings imply that a decrease in defence spending may stimulate economic growth.
ECONOMIC GROWTH -- DEFENCE SPENDING PUBLIC EXPENDITURES-- CHINA TRADE-OFF RELATIONSHIP