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Military Expenditure and Economic Growth in Africa: A Cross Country Study of 48 States

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dc.creator Aikaeli, Jehovaness
dc.creator Mlamka, Bonaventura
dc.date 2016-05-11T16:57:57Z
dc.date 2016-05-11T16:57:57Z
dc.date 2010-11
dc.date.accessioned 2018-03-27T09:05:03Z
dc.date.available 2018-03-27T09:05:03Z
dc.identifier Aikaeli, J. & Mlamka, B. Military Expenditure and Economic Growth in Africa: A Cross Country Study of 48 States. SSRN Electronic Journal. http://dx.doi.org/10.2139/ssrn.2706037
dc.identifier 1556-5068
dc.identifier http://hdl.handle.net/20.500.11810/1993
dc.identifier http://dx.doi.org/10.2139/ssrn.2706037
dc.identifier.uri http://hdl.handle.net/20.500.11810/1993
dc.description This study sought to explore the impact of military spending on Africa’s economic growth through an investigation of the status quo across 48 African states. OLS estimation technique is used to analyze cross sectional data; with a view to the two scenarios: low military spending and high military spending contexts. In both cases it is consistently found that high military spending is counter economic growth in Africa, this implying that African countries have to minimize military spending for pro-growth sectors finance.
dc.language en
dc.publisher SSRN Electronic Journal
dc.subject Military expenditure
dc.subject Economic growth
dc.subject Sub-Saharan Africa
dc.subject Defence
dc.title Military Expenditure and Economic Growth in Africa: A Cross Country Study of 48 States
dc.type Journal Article


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