کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5055064 | 1371482 | 2012 | 11 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
The impact of defense expenditure on economic productivity in OECD countries
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موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
Evaluating the effects of defense spending on macroeconomic performance and, in particular, on economic productivity is a critical issue. This study integrates Malmquist productivity index (MPI) with bootstrapping to establish statistical inferences that provide a complete, effective analysis of the impact of defense expenditure on economic productivity between 1993 and 2009 for Economic Co-operation and Development member countries. The findings indicate that the average MPI with defense expenditure is higher than that without defense expenditure. Additionally, region based productivity analysis indicates that the appropriate allocation of defense expenditure can increase regional economic productivity effectively across Asia, Oceania and Europe. Moreover, the results further prove that the effective defense expenditure strategies undertaken by government are important for improving economic productivity of countries. The integrated methodology approach applied in this study can be used for further similar studies.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Modelling - Volume 29, Issue 6, November 2012, Pages 2104-2114
Journal: Economic Modelling - Volume 29, Issue 6, November 2012, Pages 2104-2114
نویسندگان
Tung-Pao Wang, Stacy Huey-Pyng Shyu, Han-Chung Chou,