Dynamic Analysis of the Impact of Military Expenditure on Economic Growth in Oil and Non-Oil Countries in the Middle East | ||
| Iranian Economic Review | ||
| مقاله 8، دوره 19، شماره 2، 2015، صفحه 238-250 اصل مقاله (1.24 M) | ||
| نوع مقاله: Research Paper | ||
| شناسه دیجیتال (DOI): 10.22059/ier.2015.56081 | ||
| نویسندگان | ||
| Mohammad Mowlaei* 1؛ Abolghasm Golkhandan2 | ||
| 1Assistant Professor, Department of Economics, Bu-Ali Sina University, Hamedan, Iran | ||
| 2Ph.D Candidate in Economics, Lorestan University, Khoram-Abad, Iran | ||
| چکیده | ||
| Middle East is a strategic region because of its abundant oil reserves, hostile struggles among the countries, and threat of the radical groups. The countries of this region spend a large amount of their annual budgets on buying weapons and war armaments. The purpose of this paper is to study the impact of military expenditures on economic growth of oil and non-oil Middle East countries by a dynamic panel model during 1988-2012. The paper results show the negative impact of the military expenditures on economic growth of the Middle East countries which is more visible in oil countries than the non-oil ones. | ||
| کلیدواژهها | ||
| Augmented Solow Model؛ Dynamic Panel Data Model؛ economic growth؛ Military Expenditure؛ Oil and Non-oil Countries | ||
| مراجع | ||
|
| ||
|
آمار تعداد مشاهده مقاله: 2,446 تعداد دریافت فایل اصل مقاله: 1,818 |
||