A PANEL DATA ANALYSIS OF THE NEXUS BETWEEN DEFENCE SPENDING AND GROWTH IN THE EUROPEAN UNION: A REPLY |
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| Authors: | Christos Kollias Nikolaos Mylonidis Suzanna‐Maria Paleologou |
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| Affiliation: | 1. Department of Economics , University of Thessaly , Korai 43, 38333 Volos, Greece kollias@econ.uth.gr;3. Department of Economics , University of Ioannina , Greece |
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| Abstract: | Hatzinikolaou raises a number of issues related mainly to the econometrics of our paper. These issues are categorized according to the three stages of econometric analysis: specification, estimation, and diagnostic checking. We categorize our reply to his comments accordingly. |
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