TIME SERIES ANALYSIS OF MILITARY SPENDING IN SELECTED COUNTRIES AND ECONOMIC DEVELOPMENT

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

TIME SERIES ANALYSIS OF MILITARY SPENDING IN SELECTED COUNTRIES AND ECONOMIC DEVELOPMENT

Popis výsledku v původním jazyce

The article addresses the issue of the impact of military spending on macroeconomic developments. According to the macroeconomic theory, military expenditures represent one part of government spending. Presentation of the problem requires clarification of fundamental causal link. Emphasis is put general approach to regression analysis of time series of military expenditures. An example is Estonia Based on the data characterizing economic growth and defense spending as a share of GDP, a correlation analysis can be used in a period of time. The observed regression function is indicative of the relationship between these variables. For example, if the regressions function is: y = - 0,4820 x + 5,30, and variable (x) represents partial share of military expenditure on GDP, it wil depict inverse dependency between economic growth (y) and shere of military spendings on GDP. In this case, the regression function implies that the growth of defense spending (1%) decreases the rate of economic gr

Název v anglickém jazyce

TIME SERIES ANALYSIS OF MILITARY SPENDING IN SELECTED COUNTRIES AND ECONOMIC DEVELOPMENT

Popis výsledku anglicky

The article addresses the issue of the impact of military spending on macroeconomic developments. According to the macroeconomic theory, military expenditures represent one part of government spending. Presentation of the problem requires clarification of fundamental causal link. Emphasis is put general approach to regression analysis of time series of military expenditures. An example is Estonia Based on the data characterizing economic growth and defense spending as a share of GDP, a correlation analysis can be used in a period of time. The observed regression function is indicative of the relationship between these variables. For example, if the regressions function is: y = - 0,4820 x + 5,30, and variable (x) represents partial share of military expenditure on GDP, it wil depict inverse dependency between economic growth (y) and shere of military spendings on GDP. In this case, the regression function implies that the growth of defense spending (1%) decreases the rate of economic gr

Druh

D - Stať ve sborníku

CEP obor

KA - Vojenství

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

Knowledge for market use 2015: Women in businessin the past and presen. International scientific conference proeceeding

ISBN

978-80-87533-12-3

ISSN

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e-ISSN

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Počet stran výsledku

9

Strana od-do

463-471

Název nakladatele

Societas Scientiarum Olomucensis II. Univerzita Palackého

Místo vydání

Olomouc

Místo konání akce

Olomouc

Datum konání akce

9. 10. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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