Military expenditure and economic development in China: an empirical inquiry

• Main Authors: Fumitaka Furuoka, Mikio Oishi, Mohd Aminul Karim
• Format: Article
• Language: English; English
• Published: Taylor & Francis Group 2016
• Subjects: HB1-3840 Economic theory. Demography; UA10-997 Armies: Organization, distribution, military situation
• Online Access: https://eprints.ums.edu.my/id/eprint/30989/1/Military%20expenditure%20and%20economic%20development%20in%20China.pdf; https://eprints.ums.edu.my/id/eprint/30989/2/Military%20expenditure%20and%20economic%20development%20in%20China1.pdf; https://eprints.ums.edu.my/id/eprint/30989/; https://www.tandfonline.com/doi/full/10.1080/10242694.2014.898383?scroll=top&needAccess=true; http://dx.doi.org/10.1080/10242694.2014.898383

Increases in military spending have a big impact on the socioeconomic conditions in any country. However, there is no consensus as to whether the rising military expenditure is beneficial or detrimental to economic growth. The present study chose China as a case study to empirically examine a comple...