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Found 2 search results for: military spending
Piotr Krajewski, Agata Szymańska (2018/4, Articles,
The Significance of military spending in Evaluating Fiscal Policy Effects
The aim of this article is to analyze the impact of military spending shocks on GDP in the Czech Republic, Poland and Hungary. This study is based on SVAR model with identification scheme of O. Blanchard and R. Perotti. Our model includes three variables: real GDP, net taxes and military spending, which is more exogenous than other government spending. The results show that military (...)
Grzegorz Waszkiewicz (2017/3, Miscellanea,
Defense Spending in Eurozone Countries and Its Impact on Economic Growth
Eurozone’s countries are still facing the problem how to invigorate the economic growth of national economies. One of the interesting questions concerns the impact of military expenditure on economic growth. The aim of the paper was to check whether defense spending in Eurozone countries has a noticeable impact on economic growth. Empirical analysis was based on the Granger causality test (...)
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