Economic growth and defense spending: evidence on casuality for selected Asian countries /
By: Frederiksen, P.C.
Series: Vol. 18 No. 1 First Sem 1991.Description: p.131-147.Subject(s): Indonesia | Malaysia | Military expenditures - Asian countries | Philippines | Singapore | South Korea | ThailandOnline resources: Click here to access online In: Journal of Philippine DevelopmentSummary: This paper examines the determinants of defense spending in six Asian countries: the Philippines, Indonesia, South Korea, Malaysia, Thailand, and Singapore. The research paper of Looney and Frederiksen (1990) suggested that economic variables and resource availability were the main determinants of military expenditures in these six countries. The paper also describes the methodology by which the optimal lag length and correct direction of causality were calculated and the empirical results for the Philippines (1956-88), Thailand (1956-88), South Korea (1956-88), Malaysia (1961-88), Singapore (1967-88), and Indonesia (1961-88)This paper examines the determinants of defense spending in six Asian countries: the Philippines, Indonesia, South Korea, Malaysia, Thailand, and Singapore. The research paper of Looney and Frederiksen (1990) suggested that economic variables and resource availability were the main determinants of military expenditures in these six countries. The paper also describes the methodology by which the optimal lag length and correct direction of causality were calculated and the empirical results for the Philippines (1956-88), Thailand (1956-88), South Korea (1956-88), Malaysia (1961-88), Singapore (1967-88), and Indonesia (1961-88)