Defense Spending and Economic Growth in Subsaharan Africa
An Econometric Investigation
Datos Bibliográficos
| ID | 3917577 |
|---|---|
| Autores | Kwabena Gyimah-Brempong (Wright State University), Kwabena Gyimah‐Brempong (Wright State University, autor de correspondencia) |
| Año | 1989 |
| Volumen | 26 |
| Número | 1 |
| Páginas | 79-90 |
| Fecha de publicación | 1989-02-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Journal of Peace Research (JOURNAL) |
| Identificadores de la revista | ISSN: 0022-3433 • E-ISSN: 1460-3578 |
| Editorial | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0022343389026001008 |
| OpenAlex | W2015922786 |
| Idioma | EN |
| Citas recibidas | 16 |
| Referencias citadas | 14 |
A four equation - growth rate, defense burden, skilled labor rate, and investment rate - simultaneous model is used to investigate whether increased defense burden increases or decreases economic growth and the channels through which defense burden influences economic growth in Less Developed Countries (LDCs). The model is estimated using cross national data for 39 Subsaharan African countries during the 1973 to 1983 period from ACDA data sources. The estimation procedure is three stage least squares. Defense burden affects economic growth directly through increased demand, technological spin-off, and modernization of attitudes and indirectly through increased supply of skilled labor and decreased investment. The positive effects defense burden has on growth are swamped by the negative effect it has on growth rate through decreased investment. We calculate a defense burden/growth rate multiplier of -0.12. When we re-estimate the model using SIPRI data sources, the qualitative results remain unchanged. The implication of this result is that African countries cannot use increased defense spending to stimulate economic growth because there is a trade-off between high defense burden and economic growth
Developing country · Development economics · Econometrics · Economic growth · Economics · Estimation · Investment (military) · Panel data · Defense, Military, and Policy Studies · Fiscal Policy and Economic Growth
Unintended Consequences
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A Reply
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A Rejoinder
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Economic growth and defense spending
Military expenditure, spin-off and economic development
Value Orientation and Conformity
Military Expenditure and Growth in Less Developed Countries
Military Expenditures and Economic Growth in Less Developed Countries
Growth and Defense in Developing Countries
Defense Spending, Economic Structure, and Growth
Another Look at Growth and Defense in Less Developed Countries
Economic Development and Defense Expenditure
The Reporting of Military Expenditures
The Post-Coup Military Spending Question
Defense Expenditures and Economic Growth in Developing Countries
| Obras citantes distintas | 16 |
|---|---|
| Citas por año | 0,47 |
| Intervalo de citas | 1992 - 2018 (27) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 16 |