17 research outputs found
Determinants of military expenditure and the role of globalisation in a cross-country analysis
No full textAnecdotal evidence offers conflicting views on the impact of globalisation on military expenditure. We contribute to the existing literature by investigating the effect of globalisation on military expenditure in 82 countries for the period, 1989–2012. After introducing economic and strategic variables into the model, we utilise the dynamic panel generalised method of moments system to estimate the relationship in the variables. The empirical findings reveal that globalisation reduces both military burden and real military expenditure. The findings are consistent, irrespective of the globalisation indicator adopted. The policy implications of the results are explained
Does Financial Permeation Promote Economic Growth? Some Econometric Evidence From Asian Countries
No full textDeterminants of pollution and the role of the military sector: evidence from a maximum likelihood approach with two structural breaks in the USA
No full textConvergence in Sulphur Dioxide (SO2) Emissions Since 1850 in OECD Countries: Evidence from a New Panel Unit Root Test
No full textThe effect of military expenditure on stock market development: panel evidence from system GMM estimates
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Examining the asymmetric effects of stock markets on Malaysia’s air pollution: a nonlinear ARDL approach
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