Military Spending and economic growth in Greece and the Arms Race between Greece and Turkey
Dimitrios Paparas and
Christian Richter ()
No 38, Working Papers from The German University in Cairo, Faculty of Management Technology
In this paper we empirically test the relationship between military spending and economic growth for Greece and Turkey during 1957-2013, and examine the validity of arms race hypothesis between the two countries.
Keywords: National Government Expenditures; National Security and War; Arms race; Greece; Turkey; Economic Growth; ADF; VAR (search for similar items in EconPapers)
JEL-codes: H5 H56 O40 E62 (search for similar items in EconPapers)
Pages: 22 pages
New Economics Papers: this item is included in nep-ara, nep-cwa, nep-gro and nep-mac
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http://mgt.guc.edu.eg/wpapers/038paparas_richter2015.pdf First version, 2015 (application/pdf)
Journal Article: Military Spending and Economic Growth in Greece and the Arms Race between Greece and Turkey (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:guc:wpaper:38
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