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Economic Growth and Defense Spending: Evidence on Causality for Selected Asian Countries

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  • Frederiksen, P.C.

Abstract

An earlier version of this paper has been presented in 1989 at the Institute for Strategic and International Studies in Kuala Lumpur. 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., 1991. "Economic Growth and Defense Spending: Evidence on Causality for Selected Asian Countries," Philippine Journal of Development JPD 1991 Vol. XVIII No. 1, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:pjdevt:jpd_1991_vol__xviii_no__1-e
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    File URL: https://www.pids.gov.ph/publication/philippine-journal-of-development/economic-growth-and-defense-spending-evidence-on-causality-for-selected-asian-countries
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    References listed on IDEAS

    as
    1. LaCivita, Charles J. & Frederiksen, Peter C., 1991. "Defense spending and economic growth An alternative approach to the causality issue," Journal of Development Economics, Elsevier, vol. 35(1), pages 117-126, January.
    2. Joerding, Wayne, 1986. "Economic growth and defense spending : Granger Causality," Journal of Development Economics, Elsevier, vol. 21(1), pages 35-40, April.
    3. repec:ucp:ecdecc:v:26:y:1978:i:2:p:271-80 is not listed on IDEAS
    4. Hsiao, Cheng, 1981. "Autoregressive modelling and money-income causality detection," Journal of Monetary Economics, Elsevier, vol. 7(1), pages 85-106.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Habibullah, M.S. & Law, Siong-Hook & Dayang-Afizzah, A.M., 2008. "Defense spending and economic growth in Asian economies: A panel error-correction approach," MPRA Paper 12105, University Library of Munich, Germany.
    2. Hirnissa, M.T & Habibullah, M.S. & Baharom, A.H., 2008. "Military and Economic Growth in ASEAN-5 Countries," MPRA Paper 13108, University Library of Munich, Germany.

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