Causal Analysis of Economic Growth and Military Expenditure

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60162694%3AG42__%2F12%3A00479349" target="_blank" >RIV/60162694:G42__/12:00479349 - isvavai.cz</a>
Result on the web
<a href="http://vavtest.unob.cz/registr" target="_blank" >http://vavtest.unob.cz/registr</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Causal Analysis of Economic Growth and Military Expenditure
Original language description
The purpose of this paper is to analyze the long-term temporal series of military expenditure and economic growth and to prove the existence of the above theoretical links on realistic data by means of structural analysis (Granger causality) in VAR models and in VECM models for cointegrated time series. In theory it is possible to distinguish 4 types of links between military expenditure and economic growth: a mutual link between anticipated variables, a link showing influence of military expenditure oneconomic growth, a link showing influence of economic growth on the level of military expenditure, non-existence of any links between anticipated variables. SIPRI and OECD (Belgium, Denmark, France, German, Greece, Italy, the Netherlands, Portugal, Spain, and the UK) database were used to analyze the links between military expenditure and economic growth.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Recent Advances in Energy, Environment, Economic Development
ISBN
978-1-61804-139-5
ISSN
2227-4588
e-ISSN
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Number of pages
6
Pages from-to
233-238
Publisher name
WSEAS Press
Place of publication
Paris
Event location
Paris
Event date
Jan 1, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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