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EXPLORING THE RELATIONSHIP BETWEEN MILITARY SPENDING & INCOME INEQUALITY IN SOUTH ASIA

Krishna Chaitanya Vadlamannati ()

No wp918, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan Stephen M. Ross Business School

Abstract: The basic objective of this paper is to examine the effect of military spending on income inequality in four major South Asian economies. In the process, we also control for other possible key determinants of income inequality subject to data availability. Using panel regression fixed effects analysis for the study period 1975 to 2005, we find from our estimates that there is a positive effect of military expenditure on income inequality.

Keywords: Defense Spending; Income Inequality & South Asia (search for similar items in EconPapers)
JEL-codes: H I O (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dev and nep-lab
Date: Written 2008-02-01
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Handle: RePEc:wdi:papers:2008-918