Does military expenditure crowd out private investment? A disaggregated perspective for the case of France
Idioma
EN
Article de revue
Este ítem está publicado en
Economic Modelling. 2015, vol. 46, p. 44-52
Resumen en inglés
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 ...Leer más >
Palabras clave en inglés
Cointegration
Crowding-in
Crowding-out
Investment
Military expenditure