000			01779 a2200241 4500
001			46858
100			_aMUNOZ Francisco Jose Callado
245			_aAn empirical analysis of arms exports and economic growth spillovers: _bthe case of the United States/ _c Francisco Jose Callado Munoz, Jana Hromcova, Ricardo Labardo Herrero, Natalia Utrero Gonzalez
260			_c2023
520			_aIn this paper, we study closely the relationship between arms exports, labor productivity and economic growth. Using a connectedness-measurement technology fundamentally grounded in modern network theory, we determine the size and direction of the spillover effects between these three variables. Our findings indicate that shocks from arms exports have direct spillovers over the labor productivity and GDP growth, whereas the reverse is not captured by our data. We also provide a dynamic analysis of the spillovers that confirm the direction of spillovers from arms exports to the other variables. The recent evolution of arms exports from the United States together with the changes in arms exports policy show the timeliness of studying the effects of this particular trade to the rest of the economy.
598			_aARMS EXPORTS, GROWTH, SPILLOVERS, CONNECTEDNESS, VARIANCE DECOMPOSITION, NEWARTICLS
650			_aARMS EXPORTS
650			_aGROWTH
650			_aSPILLOVERS
650			_aCONNECTEDNESS
650			_a VARIANCE DECOMPOSITION
700			_aHROMCOVA Jana
700			_aHERRERO Ricardo Labardo Herrero
700			_aGONZALEZ Natalia Utrero
773			_gDefence and Peace Economics, Volume 34, Number 7, November 2023, pg. 893-913
856			_uhttps://www.tandfonline.com/doi/full/10.1080/10242694.2022.2087324 _zClick here for full text
942			_2ddc _cARTICLE _n0
999			_c46858 _d46858