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AN EMPIRICAL ANALYSIS OF EFFECTS OF MILITARY SPENDING ON ECONOMIC GROWTH IN NIGERIA: A BOUND TESTING APPROACH TO CO-INTEGRATION 1989-2013

The study examines the effect of military expenditure on output in Nigeria both in the short-run and in the long-run period. In addition, it verified whether military expenditure is an economically non-contributive activity using ARDL bounds testing approach to co-integration. Results showed that military spending has negative and significant effect on output in the short-run but positive and significant effect in the long-run. Labour and capital have positive and significant effects both in the long-run and short-run. In addition, labour has the highest coefficient (3.0709) in the long-run. T…

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Source	OpenAlex research
Collection	International records
Kind	Document
Publisher	RePEc: Research Papers in Economics
Date	2014-12-01
Type	article
Details	openalex authorships.countries:NG,primary topic.subfield.id:3320\|3321\|3308\|1202\|3303\|3312\|2002\|2000\|2003 + local /\bnige
Found at	http://www.jopafl.com/uploads/issue6/AN_EMPIRICAL_ANALYSIS_OF_EFFECTS_OF_MILITARY_SPENDING_ON_ECONOMIC_GROWTH_IN_NIGERIA.pdf
Archived copy	Look it up in the Wayback Machine
Record ID	`openalex:W2555238753`

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AN EMPIRICAL ANALYSIS OF EFFECTS OF MILITARY SPENDING ON ECONOMIC GROWTH IN NIGERIA: A BOUND TESTING APPROACH TO CO-INTEGRATION 1989-2013. OpenAlex research, 2014. Vero Archive, record openalex:W2555238753.