Military Expenses: A Brake on Economic Growth in Chad

Njamen Kengdo Arsène Aurélien and Jean-Claude Kouladoum

International Journal of Development and Conflict, 2018, vol. 8, issue 1, 14-26

Abstract: The objective of this study is to assess the contribution of military expenditure on economic growth in Chad. The methodology used refers to VAR modeling over the period 1985-2015. Results show that military expenditure has a negative and significant effect on economic growth in Chad. In terms of recommendations, Chad must significantly reduce its defense budget. The country must also diversify its economy fully based on oil revenues.

Keywords: Military expenses; economic growth (search for similar items in EconPapers)
JEL-codes: H56 O47 (search for similar items in EconPapers)
Date: 2018
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