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Título: | Defence Spending, Institutional Environment and Economic Growth: Case of NATO |
Fecha de publicación: | 24-nov-2017 |
Editorial: | Taylor and Francis Group |
Cita bibliográfica: | Defence and Peace Economics, 30, 2019: 525-548 |
ISSN: | Print: 1024-2694 Electronic: 1476-8267 |
Palabras clave: | Defence spending Public spending Growth |
Resumen: | This paper analyses the impact of participating in a military alliance on the nexus between defence spending and economic growth. In particular, we study how the process of gradual association to a military organization influences the defence spending of newcomers, and consequently their economic growth. Conclusions from the theoretical model are tested empirically for countries in the North Atlantic Treaty Organization. Results show that the prospect of intensified military alliance partnership and membership has a positive effect on economic growth. In addition, increased security and stability gained by closer military cooperation reinforces the positive link with economic growth. Empirical evidence supports theoretical priors. |
Autor/es principal/es: | Callado Muñoz, Francisco José Hromcová, Jana Utrero González, Natalia |
Facultad/Departamentos/Servicios: | Facultades, Departamentos, Servicios y Escuelas::Departamentos de la UMU::Organización de Empresas y Finanzas |
Versión del editor: | https://www.tandfonline.com/doi/citedby/10.1080/10242694.2017.1400292?scroll=top&needAccess=true |
URI: | http://hdl.handle.net/10201/139021 |
DOI: | https://doi.org/10.1080/10242694.2017.1400292 |
Tipo de documento: | info:eu-repo/semantics/article |
Número páginas / Extensión: | 25 |
Derechos: | info:eu-repo/semantics/openAccess Attribution-NonCommercial-NoDerivatives 4.0 Internacional |
Descripción: | ©2017. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ This document is the Accepted, version of a Published Work that appeared in final form in Defence and Peace Economics. To access the final edited and published work see https://doi.org/10.1080/10242694.2017.1400292 |
Aparece en las colecciones: | Artículos: Organización de Empresas y Finanzas |
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DPE Defence Spending, Institutional Environment and Economic Growth Case of NATO.pdf | 3,05 MB | Adobe PDF | Visualizar/Abrir Solicitar una copia |
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