THE IMPACT OF MILITARY EXPENDITURES ON THE ECONOMIC GROWTH OF THE SELECTED SAARC COUNTRIES


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Yazarlar

DOI:

https://doi.org/10.26450/jshsr.1645

Anahtar Kelimeler:

Military expenditures, GDP, SAARC, GFCF

Özet

In this study we investigate the impact of military expenditures on the GDP growth of selected SAARC countries (Afghanistan,
Bangladesh, India, Nepal, Pakistan and Sri Lanka). For the mentioned aim we used the panel data for the period (2004-2017)
and for the estimation we used the FMOLS and DOLS methods of cointegrating regressions. For the short run and long run
causality we applied test vector error correction model and Wald test. The impact of military expenditures is positive but
insignificant and the impact of alternative variable which is gross fixed capital formation is positive and significant which
means using of resources in the military brings big opportunity cost with itself for the region.

İndir

Yayınlanmış

2019-12-20

Nasıl Atıf Yapılır

OZTURK KARACOR, Z., MANGIR, F., GUVENEK, B., & KHATIR, A. Q. (2019). THE IMPACT OF MILITARY EXPENDITURES ON THE ECONOMIC GROWTH OF THE SELECTED SAARC COUNTRIES. International Journal of Social and Humanities Sciences Research (JSHSR), 6(46), 4057–4065. https://doi.org/10.26450/jshsr.1645

Sayı

Cilt 6 Sayı 46 (2019): İnternational Journal of Social and Humanities Sciences Research (JSHSR)

Bölüm

Araştırma Makalesi

Lisans

Telif Hakkı (c) 2019 International JOURNAL OF SOCIAL HUMANITIES SCIENCES RESEARCH

Creative Commons License

Bu çalışma Creative Commons Attribution 4.0 International License ile lisanslanmıştır.