RePEc: Research Papers in Economics · 1987 · 16 citations · 0 references
Public PolicyEconomicsGovernment SpendingPublic ExpenditureMacroeconomicsEconomic PolicyEconomic DevelopmentDevelopment EconomicsPhilippine Policy DevelopmentCausality IssueBusinessEconomic AnalysisEconomic FluctuationDefense SpendingEndogenous Growth TheoryEconomic GrowthFinanceTime-series Evidence
This paper tests the causality issue between defense spending and economic growth in the Philippines. The results of the tests are used to provide implications for Philippine policy development.