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• W2341736148 abstract "ABSTRACTIn this study, we combine both demand- and supply-side models to investigate the direct and indirect link between defense spending and economic growth. With data from 161 states for 1990–2012, we conduct a comprehensive examination of the defense-growth nexus in the post-Cold War world. Our findings suggest that at the global level, military spending significantly dampens private investment but somewhat reduces unemployment. However, the direct economic effects of defense spending on growth are minimal at best." @default.
• W2341736148 created "2016-06-24" @default.
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• W2341736148 date "2016-03-10" @default.
• W2341736148 modified "2023-10-18" @default.
• W2341736148 title "Defense Spending and Economic Growth around the Globe: The Direct and Indirect Link" @default.
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• W2341736148 doi "https://doi.org/10.1080/03050629.2016.1149067" @default.
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