Do Natural Resources of Rentier States Promote Military Expenditures? Evidence from GCC Countries

Nasser Al-Mawali ()
Additional contact information
Nasser Al-Mawali: Faculty of Economics, Sultan Qaboos University, Oman.

Journal of Economic and Financial Studies (JEFS), 2015, vol. 3, issue 3, 49-53

Abstract: This study aims to explore the effect of natural resources of rentier states on military expenditure using the panel data from GCC countries. The principle findings suggest that types of natural resources matter and that the rent from oil only appeared to fuel the military expenditure of GCC, other natural resources such as gas and minerals are not. Further, the study found that Gulf War I and II as well as Arab Spring is statistically insignificant in explaining the military expenditure of GCC.

Keywords: GCC; Military expenditure; Natural resources. (search for similar items in EconPapers)
JEL-codes: H54 N55 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://journalofeconomics.org/index.php/site/article/view/103/153 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lrc:lareco:v:3:y:2015:i:3:p:49-53

Access Statistics for this article

More articles in Journal of Economic and Financial Studies (JEFS) from LAR Center Press
Bibliographic data for series maintained by S Marjan ( this e-mail address is bad, please contact ).