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Budgetary trade-offs between defence, education and social spending in Greece

Christos Kollias and Susana-Maria Paleologou

Applied Economics Letters, 2011, vol. 18, issue 11, 1071-1075

Abstract: We examine the presence of budgetary trade-offs between defence spending and welfare expenditure in the case of Greece, the country with the highest defence burden in the European Union. The findings reported herein point to a positive trade-off between education, social expenditure and defence.

Date: 2011
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DOI: 10.1080/13504851.2010.524606

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Handle: RePEc:taf:apeclt:v:18:y:2011:i:11:p:1071-1075