DEFENSE SPENDING AND ECONOMIC-GROWTH - AN ALTERNATIVE APPROACH TO THE CAUSALITY ISSUE

被引:28
作者
LACIVITA, CJ
FREDERIKSEN, PC
机构
[1] Naval Postgraduate School, Monterey
关键词
D O I
10.1016/0304-3878(91)90069-8
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper re-examines the defense-growth causality issue. Using a 21-country sample and Granger causality methods developed by Hsiao, we find a feedback relationship existx for most countries. This implies that neither growth nor defense can be considered exogenous - a result suspected by Joerding in earlier work - but masked by his choice of an arbitrary lag structure. © 1991.
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页码:117 / 126
页数:10
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