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Impact of Military Expenditure on Economic Growth of Afghanistan

American International Journal of Economics and Finance Research

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Field Value
 
ISSN 2642-2875
2642-2867
 
Authentication Code dc
 
Title Statement Impact of Military Expenditure on Economic Growth of Afghanistan
 
Personal Name Hassani, Khalilullah
Master of Economic, Ankara Yildirm Beyazit University, Turkey
https://orcid.org/0000-0002-7757-3873
 
Summary, etc. This empirical study estimates and considers the impact of military expenditure on economic growth of Afghanistan for the period of 2004-2018 by applying the VAR model and VAR Granger causality (1980). The model is run by having the dependent (predicted) variable of economic growth and independent variable of military spending and employment. Ultimately, this analysis revealed that arm expenses do not have a significant effect on the economic growth of Afghanistan for the 15 years period from 2004-2018. And after running the VAR Granger causality it revealed that if some policy changes accrue to the GDP or economic then it will cause the military expenditure (unidirectional causality) and policy changes to the military expenditure will not cause GDP. According to the joint test, it is seen that if some policy changes accrue to the employment and military expenditure so it will cause GDP, if some policy changes accrue to the employment and GDP so it will cause military expenditure.
 
Publication, Distribution, Etc. American Center of Science and Education
 
Electronic Location and Access application/pdf
http://www.acseusa.org/journal/index.php/aijefr/article/view/204
 
Data Source Entry American International Journal of Economics and Finance Research; Vol 2 No 1 (2020)
 
Language Note eng
 
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