Causal analysis of Australian economic growth and military expenditure: A note |
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| Authors: | Gary G Madden Paula I Haslehurst |
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| Institution: | Department of Economics , Curtin University of Technology , GPO BOXU1987, Perth, Western Australia, 6001 |
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| Abstract: | Chowdhury (1991) applied Granger causality methods to military expenditure and economic growth series in 55 developing countries. This note applies a similar approach to Australia and finds no causal relationship between military expenditure and growth in either direction. |
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| Keywords: | Granger causality Australian military expenditure economic growth |
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