Economics, Developing countires
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.
Economic Development and Cultural Change
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