Military Expenditure and Economic Growth in Chad: An Application of The ARDL Method

Ulrich Kembeng
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Ulrich Kembeng: Faculty of Economics and Management, University of Dschang, Cameroon

International Journal of Research and Innovation in Social Science, 2022, vol. 6, issue 9, 471-475

Abstract: African countries have received little attention in defense economics literature, despite the role that Chad and some African countries have played and continue to play in maintaining peace in the Sahel region. This study attempts to partially fill this gap by providing new evidence of the effect of military spending on economic growth in Chad between 1983 and 2015. This study uses the Autoregressive Distributed lag Model (ARDL) and finds no significant effects of military spending on Chad’s economic growth. The study shows that domestic investment has a positive and significant impact on economic growth

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:6:y:2022:i:9:p:471-475

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