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Investigating Time-Varying Causality Between Military Spending and Macroeconomic Indicators in the United States

Peace Economics, Peace Science and Public Policy, 2023
Military expenditures constitute a large chunk of the United States’ annual budget and its macroeconomic implications had been modelled using the Granger causality test, which suffers power loss when variables are subjected to structural breaks.
I. Raifu, J. Afolabi
semanticscholar   +1 more source

Does women's political empowerment matter in military spending?

Kyklos (Basel), 2023
Despite recognition of the importance of women's political rights for the functioning of modern states, women's participation in political debate and decision‐making remains low around the world.
Joseph Keneck‐Massil   +2 more
semanticscholar   +1 more source

Political leaders and military spending

Conflict Management and Peace Science, 2023
How are patterns of military spending shaped by political leaders who have substantive policy preferences and need the support of their constituents to remain in power?
Jeff Carter
semanticscholar   +1 more source

Determinants of Military Spending in Africa: Do Institutions Matter?

Peace Economics, Peace Science and Public Policy, 2023
This paper focuses on the determinants of military spending in Africa by considering the role played by institutions. With data obtained between the years 1996–2019, the Driscoll and Kraay fixed effects, the Generalised Method of Moments (GMM), and the ...
A. A. Njamen Kengdo   +2 more
semanticscholar   +1 more source

The Nexus Between Military Spending and Income Inequality in Brics Nations

Journal of Developing Areas, 2023
:There are contradicting views regarding the casual nexus between a country's military spending and its nation's income inequality. Military spending is a critical component of government budget and can simply crowd out transfer payments, needed to ...
Udimal Thomas   +3 more
semanticscholar   +1 more source

The Role of Institutional Quality in Military Spending and Unemployment Nexus in Nigeria

Peace Economics, Peace Science and Public Policy, 2022
This paper adopts the Autoregressive Distributed Lag (ARDL) estimation method to investigate the moderating role of institutional quality in military spending and the unemployment rate nexus in Nigeria for the period from 1984 to 2019.
I. Raifu, E. O. Obijole, O. Nnadozie
semanticscholar   +1 more source

Revisiting the terrorism–tourism nexus in Nigeria: the moderating role of military spending

Journal of Hospitality and Tourism Insights, 2022
PurposeTourism development is critical for economic transformation, particularly in emerging economies. However, the growing spate of terrorism dissuades international tourists, reduces tourism receipts and ultimately hampers the tourism sector's ...
I. Raifu   +2 more
semanticscholar   +1 more source

Military Spending Composition and Economic Growth

Defence and Peace Economics, 2021
In the large literature on military spending and growth, the heterogeneity of the categories of expenditure is seldom considered. Military spending is used to pay for a variety of things, including salaries, large weapon systems, and physical ...
Jordan Becker, J. Dunne
semanticscholar   +1 more source

Military Spending and Economic Output: A Decomposition Analysis of the US Military Budget

Defence and Peace Economics, 2022
Although the economic effects of defense expenditures have become an issue of intense interest over the recent decades, little is known about how the individual components of military spending affect the economy. Nevertheless, military spending is highly
Kyriakos Emmanouilidis
semanticscholar   +1 more source

The impact of negative oil shocks on military spending and democracy in the oil states of the greater Middle East: Implications for the oil sanctions

Journal of Peace Research, 2022
This study examines how negative oil shocks affect military expenditures and the quality of democracy in the oil rentier states of the greater Middle East using annual data from 1990 to 2018, inclusive.
S. Dizaji
semanticscholar   +1 more source

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