University of Sussex
Browse

File(s) not publicly available

The long-run causal relationship between military expenditure and economic growth in China: revisited

journal contribution
posted on 2023-06-09, 09:08 authored by Ourania Dimitraki, Faek Menla AliFaek Menla Ali
This paper re-examines the long-run causal relationship between military expenditure and economic growth in China over the period 1952-2010. An empirical econometric analysis based on a Barro-style growth model is conducted. By employing the Bartlett corrected trace test, which provides better approximations of the finite sample distribution to determine the rank of cointegration, the results support the existence of a single long-run equilibrium relationship between the variables. Furthermore, it is confirmed that the cumulated shocks of military expenditure primarily originate from different components of shocks that relate to economic development rather than the other way round. © 2013 Taylor & Francis

History

Publication status

  • Published

Journal

Defence and Peace Economics

ISSN

1024-2694

Publisher

Routledge

Issue

3

Volume

26

Page range

311-326

Department affiliated with

  • Business and Management Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2017-12-01

Usage metrics

    University of Sussex (Publications)

    Categories

    No categories selected

    Exports

    RefWorks
    BibTeX
    Ref. manager
    Endnote
    DataCite
    NLM
    DC