Document Type
Journal Article
Publication Date
1983
Keywords
Economics, Developing countires
Abstract
Using an estimating equation that was devised systematically within an explicit conceptual framework, it shows that defence spending was detrimental to economic growth. Finds regional differences in that the adverse effects were marked in Africa and the Western hemisphere, but absent in Asia, the Middle East, and Southern Europe.
Source Publication
Economic Development and Cultural Change
Volume Number
31
Issue Number
2
ISSN
0013-0079
First Page
377
Last Page
384
Recommended Citation
Lim, D. (1983). Another look at growth and defense in less developed countries. Economic Development and Cultural Change, 31 (2), 377-384. Retrieved from https://repository.vtc.edu.hk/thei-adm-others-sp/8