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

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dc.creatorAikaeli, Jehovaness
dc.creatorMlamka, Bonaventura
dc.date2016-05-11T16:57:57Z
dc.date2016-05-11T16:57:57Z
dc.date2010-11
dc.date.accessioned2018-03-27T09:05:03Z
dc.date.available2018-03-27T09:05:03Z
dc.descriptionThis 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.identifierAikaeli, 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.identifier1556-5068
dc.identifierhttp://hdl.handle.net/20.500.11810/1993
dc.identifierhttp://dx.doi.org/10.2139/ssrn.2706037
dc.identifier.urihttp://hdl.handle.net/20.500.11810/1993
dc.languageen
dc.publisherSSRN Electronic Journal
dc.subjectMilitary expenditure
dc.subjectEconomic growth
dc.subjectSub-Saharan Africa
dc.subjectDefence
dc.titleMilitary Expenditure and Economic Growth in Africa: A Cross Country Study of 48 States
dc.typeJournal Article

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