Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/195238 
Erscheinungsjahr: 
2017
Quellenangabe: 
[Journal:] Latin American Economic Review [ISSN:] 2196-436X [Volume:] 26 [Issue:] 1 [Article No.:] 2 [Publisher:] Springer [Place:] Heidelberg [Year:] 2017 [Pages:] 1-25
Verlag: 
Springer, Heidelberg
Zusammenfassung: 
Using SIPRI's new consistent database on military expenditures, the paper examines the economic effects of such spending in the case of the 13 Latin American countries. Employing both linear and nonlinear tests, the nexus between defence spending, economic growth, and investment is investigated for the period 1961-2014. Findings reported herein are not uniformed across all countries included in the sample. However, as a broad tentative generalization, they seem to be pointing to the absence of a strong and robust nexus between the variables examined.
Schlagwörter: 
Latin America
Military spending
Growth
Causality
JEL: 
H56
C22
O54
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