Book cover for Cooperation for a Peaceful and Sustainable World Part 2
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Contributions to Conflict Management, Peace Economics and Development
Cooperation for a Peaceful and Sustainable World Part 2
Author and Other Information
Emerald Group Publishing Limited
Volume
20 Part 2
DOI:
https://doi.org/10.1108/S1572-8323(2013)20B
ISBN electronic:
978-1-78190-656-9
ISBN print:
978-1-78190-655-2
Series ISSN:
1572-8323
Publication date:
2013
Book Chapter

Military expenditure and economic growth in south asia

By
Hou Na;
Hou Na
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Chen Bo
Chen Bo
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Author and Other Information
Hou Na
Chen Bo
© 2013 Emerald Group Publishing Limited
2013
Emerald Group Publishing Limited
Doi:
https://doi.org/10.1108/S1572-8323(2013)00020.2016
  • Published:
    2013
© 2013 Emerald Group Publishing Limited
2013
Emerald Group Publishing Limited

Abstract

In this study, we empirically investigate the effect of military expenditure on economic growth in the five South Asian countries of Bangladesh, India, Pakistan, Nepal, and Sri Lanka over the period of 1990–2006. By applying a Solow Growth Model, empirical evidences derived from panel estimation methods indicate that defense has a negative effect on economic growth in the region.

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