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Military spending, economic growth and endogeneity a panel analysis 1988-2010

Includes bibliographical references.

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Bibliographic Details
Main Author: Tian, Nan
Other Authors: Dunne, John Paul
Format: Thesis
Language:English
Published: School of Economics 2015
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access_status_str Open Access
author Tian, Nan
author2 Dunne, John Paul
author_browse Dunne, John Paul
Tian, Nan
author_facet Dunne, John Paul
Tian, Nan
author_sort Tian, Nan
collection Thesis
description Includes bibliographical references.
format Thesis
id oai:open.uct.ac.za:11427/11178
institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:32:18.917Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2015
publishDateRange 2015
publishDateSort 2015
publisher School of Economics
publisherStr School of Economics
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/11178 Military spending, economic growth and endogeneity a panel analysis 1988-2010 Tian, Nan Dunne, John Paul Applied Economics Includes bibliographical references. This paper examines the impact of military expenditure on economic growth on a large balanced panel, using an exogenous growth model and dynamic panel data methods for 104 countries over the period 1988-2010. The prime objective of the paper is to consider the possibility of non-linearity, group heterogeneity and endogeneity within the sample. Having estimated and appraised a full sample, it is stratified based upon a range of potentially relevant factors; different levels of income, conflict experience, natural resource abundance, openness and aid. Following the stratification process, a set of instrumental variables are taken for military spending. Using 2SLS and a dynamic Generalized Method of Moments (GMM) method, the sample is regressed to identify for military expenditure. 2015-01-03T18:15:55Z 2015-01-03T18:15:55Z 2013 Master Thesis Masters MBusSc http://hdl.handle.net/11427/11178 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Applied Economics
Tian, Nan
Military spending, economic growth and endogeneity a panel analysis 1988-2010
thesis_degree_str Master's
title Military spending, economic growth and endogeneity a panel analysis 1988-2010
title_full Military spending, economic growth and endogeneity a panel analysis 1988-2010
title_fullStr Military spending, economic growth and endogeneity a panel analysis 1988-2010
title_full_unstemmed Military spending, economic growth and endogeneity a panel analysis 1988-2010
title_short Military spending, economic growth and endogeneity a panel analysis 1988-2010
title_sort military spending economic growth and endogeneity a panel analysis 1988 2010
topic Applied Economics
url http://hdl.handle.net/11427/11178
work_keys_str_mv AT tiannan militaryspendingeconomicgrowthandendogeneityapanelanalysis19882010