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Title
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Dynamic Analysis of the Impact of Military Expenditure on Economic Growth in Oil and Non-oil Countries in the Middle East
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Type
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JournalPaper
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Keywords
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Augmented Solow Model, Dynamic Panel Data, Economic Growth, Military Expenditure ,Oil--Non-oil countries
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Abstract
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The Purpose of this paper is to study the impact of military expenditure on economic growth of oil and of non-oil Middle East countries by a dynamic panel model during 1988-2012. The paper results show the negative impact of the military expenditures on economic growth of the Middle East countries which is more visible in oil countries than the non-oil ones.
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Researchers
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Mohammad mowlaei (First Researcher), Abolghasem Gokhandan (Second Researcher)
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