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Defense Spending and Economic Growth: Time-Series Evidence on Causality for the Philippines, 1956-82

Author

Listed:
  • Frederiksen, P.C.
  • LaCivita, C.J.

Abstract

This paper tests the causality issue between defense spending and economic growth in the Philippines. The results of the tests are used to provide implications for Philippine policy development.

Suggested Citation

  • Frederiksen, P.C. & LaCivita, C.J., 1987. "Defense Spending and Economic Growth: Time-Series Evidence on Causality for the Philippines, 1956-82," Philippine Journal of Development JPD 1987 Vol. XIV No. 2-f, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:pjdevt:jpd_1987_vol__xiv_no__2-f
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    File URL: https://www.pids.gov.ph/publication/philippine-journal-of-development/defense-spending-and-economic-growth-time-series-evidence-on-causality-for-the-philippines-1956-82
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    References listed on IDEAS

    as
    1. Joerding, Wayne, 1986. "Economic growth and defense spending : Granger Causality," Journal of Development Economics, Elsevier, vol. 21(1), pages 35-40, April.
    2. Jung, Woo S, 1986. "Financial Development and Economic Growth: International Evidence," Economic Development and Cultural Change, University of Chicago Press, vol. 34(2), pages 333-346, January.
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    economic growth; econometric modeling;

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