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- W2087257836 abstract "This paper re-examines the long-run causal relationship between military expenditure and economic growth in China over the period 1952–2010. An empirical econometric analysis based on a Barro-style growth model is conducted. By employing the Bartlett corrected trace test, which provides better approximations of the finite sample distribution to determine the rank of cointegration, the results support the existence of a single long-run equilibrium relationship between the variables. Furthermore, it is confirmed that the cumulated shocks of military expenditure primarily originate from different components of shocks that relate to economic development rather than the other way round." @default.
- W2087257836 created "2016-06-24" @default.
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- W2087257836 date "2013-07-11" @default.
- W2087257836 modified "2023-10-14" @default.
- W2087257836 title "The Long-run Causal Relationship Between Military Expenditure and Economic Growth in China: Revisited" @default.
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- W2087257836 doi "https://doi.org/10.1080/10242694.2013.810024" @default.
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