This paper investigates the relationship between the US military spending and public debt in a panel of European countries in the period 1992–2013. Under the established evidence of the interdependence between US and European military spending, we exploited a dynamic panel estimation. Findings show that the debt of European countries is: (1) positively associated with US military spending; (2) negatively associated with average military burden of other European countries.
Caruso, R., Di Domizio, M., The Impact of US Military Spending on Public Debt In Europe (1992-2013): A Note, <<PEACE ECONOMICS, PEACE SCIENCE, AND PUBLIC POLICY>>, 2015; (21): 459-466. [doi:10.1515/peps-2015-0040] [http://hdl.handle.net/10807/69965]
Autori: | ||
Titolo: | The Impact of US Military Spending on Public Debt In Europe (1992-2013): A Note | |
Digital Object Identifier (DOI): | http://dx.doi.org/10.1515/peps-2015-0040 | |
Data di pubblicazione: | 2015 | |
Abstract: | This paper investigates the relationship between the US military spending and public debt in a panel of European countries in the period 1992–2013. Under the established evidence of the interdependence between US and European military spending, we exploited a dynamic panel estimation. Findings show that the debt of European countries is: (1) positively associated with US military spending; (2) negatively associated with average military burden of other European countries. | |
Lingua: | Inglese | |
Rivista: | ||
Citazione: | Caruso, R., Di Domizio, M., The Impact of US Military Spending on Public Debt In Europe (1992-2013): A Note, <<PEACE ECONOMICS, PEACE SCIENCE, AND PUBLIC POLICY>>, 2015; (21): 459-466. [doi:10.1515/peps-2015-0040] [http://hdl.handle.net/10807/69965] | |
Appare nelle tipologie: | Articolo in rivista, Nota a sentenza |