The Nexus of Economic Growth, Military Expenditures and Income Inequality

Ünal Töngür and Adem Elveren ()

No 208, EY International Congress on Economics II (EYC2015), November 5-6, 2015, Ankara, Turkey from Ekonomik Yaklasim Association

Abstract: There exists an extensive literature on the effect of military expenditures on economic growth. The literature presents conflicting results and appears lacking the possible effect of inequality. Considering these two issues in the literature, this study follows up the single country case study of Töngür and Elveren (2014)* to provide evidence for the relationship between military expenditures and economic growth for a large group of countries in panel data context for an extended time period by considering income inequality within the augmented Solow growth model.

Keywords: Military Expenditures; Economic Growth; Income Inequality; Augmented Solow Growth Model; Panel Data (search for similar items in EconPapers)
Pages: 2 pages
Date: 2015
New Economics Papers: this item is included in nep-gro
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Related works:
Journal Article: The nexus of economic growth, military expenditures, and income inequality (2017)
Working Paper: The Nexus of Economic Growth, Military Expenditures, and Income Inequality (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:eyd:cp2015:208

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