Military Expenditures and Quality of Life in ASEAN: Exploring the Unexplored

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26482789%3A_____%2F22%3A10152237" target="_blank" >RIV/26482789:_____/22:10152237 - isvavai.cz</a>

Result on the web

<a href="https://www.emerald.com/insight/content/doi/10.1108/IJSE-03-2021-0150/full/html" target="_blank" >https://www.emerald.com/insight/content/doi/10.1108/IJSE-03-2021-0150/full/html</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1108/IJSE-03-2021-0150" target="_blank" >10.1108/IJSE-03-2021-0150</a>

Result language

angličtina

Original language name

Military Expenditures and Quality of Life in ASEAN: Exploring the Unexplored

Original language description

Purpose - Improving the quality of life of the masses is the prime objective of all policymakers of both developed and developing countries. However, the determinants of improved quality of life are not well explored in the empirical literature. This study has, therefore, tried to identify the determinants of quality of life by focusing on military expenditures. Design/methodology/approach - Panel data from 1990-2017 is collected from internationally reliable sources for the Association of Southeast Asian Nation (ASEAN hereafter)) member countries and suitable econometric techniques are employed to estimate the designed models. Findings - The results show that military expenditures have impacted the quality of life of the ASEAN member countries both negatively and significantly. Similarly, the inflation rate has also negatively impacted the quality of life. In terms of magnitude, the negative impact of inflation rate on quality of life has exceeded the impact of military expenditures. On the other hand, trade openness, per capita income, urbanization and government expenditures have played a positive and significant role in improving the quality of life in the ASEAN region. Moreover, it is found that the positive impact of per capita income on quality of life is highest among other determinants. Originality/value - This study provided comprehensive evidence about the relationship between military expenditures and quality of life in ASEAN context. Consequently, the ASEAN member economies will benefit a lot from the results of this study.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

—

Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2022

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

International Journal of Social Economics

ISSN

0306-8293

e-ISSN

—

Volume of the periodical

49

Issue of the periodical within the volume

2/2022

Country of publishing house

GB - UNITED KINGDOM

Number of pages

14

Pages from-to

176-189

UT code for WoS article

000710298300001

EID of the result in the Scopus database

2-s2.0-85117327474