Military Expenditure and Economic Growth in Africa: A Cross Country Study of 48 States

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dc.contributor.authorAikaeli, Jehovaness
dc.contributor.authorMlamka, Bonaventura
dc.date.accessioned2016-05-11T16:57:57Z
dc.date.available2016-05-11T16:57:57Z
dc.date.issued2010-11
dc.description.abstractThis study sought to explore the impact of military spending on Africa’s economic growth through an investigation of the status quo across 48 African states. OLS estimation technique is used to analyze cross sectional data; with a view to the two scenarios: low military spending and high military spending contexts. In both cases it is consistently found that high military spending is counter economic growth in Africa, this implying that African countries have to minimize military spending for pro-growth sectors finance.en_US
dc.identifier.citationAikaeli, J. & Mlamka, B. Military Expenditure and Economic Growth in Africa: A Cross Country Study of 48 States. SSRN Electronic Journal. http://dx.doi.org/10.2139/ssrn.2706037en_US
dc.identifier.doihttp://dx.doi.org/10.2139/ssrn.2706037
dc.identifier.issn1556-5068
dc.identifier.urihttp://hdl.handle.net/20.500.11810/1993
dc.language.isoenen_US
dc.publisherSSRN Electronic Journalen_US
dc.subjectMilitary expenditureen_US
dc.subjectEconomic growthen_US
dc.subjectSub-Saharan Africaen_US
dc.subjectDefenceen_US
dc.titleMilitary Expenditure and Economic Growth in Africa: A Cross Country Study of 48 Statesen_US
dc.typeJournal Articleen_US
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