Defense Expenditure and Economic Growth in Visegrad Group Countries: A Panel Data Analysis
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60162694%3AG42__%2F17%3A00534714" target="_blank" >RIV/60162694:G42__/17:00534714 - isvavai.cz</a>
Result on the web
<a href="http://fim2.uhk.cz/mme/conferenceproceedings/mme2017_conference_proceedings.pdf" target="_blank" >http://fim2.uhk.cz/mme/conferenceproceedings/mme2017_conference_proceedings.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Defense Expenditure and Economic Growth in Visegrad Group Countries: A Panel Data Analysis
Original language description
The defense economics literature reveals the complexity and inconsistency of examining the relationship between military spending and economic development. The current scientific research has not established a clear approach to handling this large problem. The defense expenditure has been described and investigated by political, strategic and economic factors. This paper aims to analyze the relationship between military expenditure and economic growth in Visegrad group countries (V4) - Czech Republic, Slovak Republic, Hungary and Poland. In this study, we focus on trends of military expenditure and some macroeconomic factors which are influencing military expenditure such as the growth rate of GDP, trade balance, inflation, central government expenditure. The effects of determinants of military expenditure are examined with time series data of the period of 1993-2013. The empirical model is based on the statistical method of regression and panel regression.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50902 - Social sciences, interdisciplinary
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
35th International Conference Mathematical Methods In Economics, Conference Proceedings
ISBN
978-80-7435-678-0
ISSN
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e-ISSN
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Number of pages
6
Pages from-to
6-11
Publisher name
Gaudeamus, University of Hradec Králové
Place of publication
Hradec Králové
Event location
Hradec Králové
Event date
Sep 13, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000427151400002