Volume 18, Number 1

Economic Growth and Defense Spending: Evidence on Causality for Selected Asian Countries

Abstract

An earlier version of this paper has been presented in 1989 at the Institute for Strategic and International Studies in Kuala Lumpur. This paper tests the causality issue between defense spending and economic growth in the Philippines. The results of the tests are used to provide implications for Philippine policy development.

Citations

  1. Habibullah, M.S., Siong-Hook Law, and M. Dayang-Afizzah. 2008. Defense spending and economic growth in Asian economies: A panel error-correction approach. MPRA Paper 12105. University Library of Munich, Germany.
  2. Hirnissa, M.T., M.S. Habibullah, and A.H. Baharom.. 2008. Military and economic growth in ASEAN-5 countries. MPRA Paper 13108. University Library of Munich, Germany.
Full Issue

SHARE


Featured Image

The Philippine Journal of Development (PJD) is a multidisciplinary, peer-reviewed journal published biannually by the Philippine Institute for Development Studies (PIDS). It serves as a platform for disseminating policy-oriented research on development issues, including the economy, business, public administration, foreign relations, sociology, and political dynamics. 

P-ISSN 2508-0954 • E-ISSN 2508-0849 • https://doi.org/10.62986/pjd