MODELS OF MILITARY EXPENDITURE AND GROWTH: A CRITICAL REVIEW

By J. Paul Dunne, Ron P. Smith, D. Willenbockel. 2005

452 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/5fe0796f4ce898e33b22ff18c7b71c53c3b1187e

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In Economics and Econometrics

Citations in the corpus

Military expenditure and economic growth: A meta-analysis (2012, background): “However Dunne et al. (2005) suggest that there are important shortcoming of the model in terms of the interpretation of results as well as econometric techniques.3 Although, there may be positive direct effects on the economy, either as a result of the positive spillovers or through a Keynesian…”
A PANEL DATA ANALYSIS OF THE NEXUS BETWEEN DEFENCE SPENDING AND GROWTH IN THE EUROPEAN UNION (2007, methodology): “If the former was the case and the subject of our paper, we would have opted for a model, such as the Feder‐Ram that is widely used in the defence economics literature, within which the economic impact of milex could be evaluated in a more systematic way (for a discussion and critique see Dunne e”
MILITARY EXPENDITURE AND ECONOMIC GROWTH IN DEVELOPING COUNTRIES: EVIDENCE FROM SYSTEM GMM ESTIMATES (2013, unknown): “( 2005 ), it uses a model which integrates implications stemming from the defence economics literature into the neoclassical growth model.”
ARMS TRADE, MILITARY SPENDING, AND ECONOMIC GROWTH (2007, methodology): “Controlling for panel-level heteroskedasticity and autocorrelation problems that typically plague panel data estimation, I find that the augmented Solow growth model specified in Dunne et al. (2005) is more robust across different estimators than the reformulated Barro growth model.”
Military Expenditure, Economic Growth and Heterogeneity (2015, unknown): “This paper develops and analyses a comprehensive post-cold war balanced panel dataset for the period 1988–2010, using the modelling framework suggested by Dunne, Smith, and Willenbockel (2005) and considering possible sample heterogeneities and non-linearities.”
DOES DEFENCE SPENDING IMPEDE ECONOMIC GROWTH? COINTEGRATION AND CAUSALITY ANALYSIS FOR PAKISTAN (2013, unknown): “As noted by Dunne et al. (2005), the Feder-Ram model has been used extensively to examine the impact of military spending on the economy (Feder, 1982; Ram, 1986, 1995).”