Does military expenditure crowd out private investment? A disaggregated perspective for the case of France
Langue
EN
Article de revue
Ce document a été publié dans
Economic Modelling. 2015, vol. 46, p. 44-52
Résumé en anglais
This article explores the effects of military expenditure on private investment in France, for the period between 1980 and 2010. Using a Keynesian model, our empirical results reveal that military spending crowds out private ...Lire la suite >
Mots clés en anglais
Cointegration
Crowding-in
Crowding-out
Investment
Military expenditure