Documents & Reports

The peace dividend : military spending cuts and economic growth (English)

Abstract

Conventional wisdom suggests that reducing military spending may improve a country's economic growth, but empirical studies have produced ambiguous results on this point. Extending a standard growth model, the authors exploit both cross-section and time-series... See More +

Details

  • Knight, Malcolm; Loayza, Norman; Villanueva, Delano;
  • 1996/02/29
  • Policy Research Working Paper
  • WPS1577
  • 1
  • 1
  • 2010/07/01
  • The peace dividend : military spending cuts and economic growth
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