Impact of Defense Expenditure on Economic Growth: Time Series Evidence from Pakistan

Impact of Defense Expenditure on Economic Growth: Time Series Evidence from Pakistan

Article ID

19H2F

Impact of Defense Expenditure on Economic Growth: Time Series Evidence from Pakistan

Amjad Ali

Muhammad Ather Karakoram International University Gilgit Baltistan Pakistan

DOI

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Abstract

This paper investigates the impact of defense burden on economic growth in Pakistan economy over the period 1980-2013. A three equations model is estimated through two stage least square (2SLS) method in order to investigate the direct and indirect impact of defense burden on economic growth. The findings of the model show that defense expenditure directly as well as indirectly retard economic growth in Pakistan.

Impact of Defense Expenditure on Economic Growth: Time Series Evidence from Pakistan

Authors

Amjad Ali

Muhammad Ather Karakoram International University Gilgit Baltistan Pakistan

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How to Cite

Muhammad Ather. 2015. “. Global Journal of Management and Business Research – B: Economic & Commerce GJMBR-B Volume 14 (GJMBR Volume 14 Issue B9): .

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

GJMBR Volume 14 Issue B9
Pg. 27- 31

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Submission Received December 6, 2013
Accepted January 5, 2014
Published January 15, 2014

Keywords

2SLS defense expenditure Economic Growth Pakistan

Article Matrices

Total Score: 102

Country: Pakistan

Subject: Global Journal of Management and Business Research - B: Economic & Commerce

Authors: Amjad Ali, Muhammad Ather (PhD/Dr. count: 0)

View Count (all-time): 108

Total Views (Real + Logic): 4244

Total Downloads (simulated): 2326

Publish Date: 2015 01, Sat

Monthly Totals (Real + Logic):

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Total Views: 4244

Total Downloads: 2326

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