TY  - JOUR
PY  - 2004//
TI  - Defence Spending and Growth in Cyprus: A Causal Analysis
JO  - Defence and peace economics
A1  - Kollias, Christos
A1  - Naxakisb, Charis
A1  - Zarangasb, Leonidas
SP  - 299
EP  - 307
VL  - 15
IS  - 3
N2  - The causal relationship between economic growth and defence spending has attracted considerable attention and has been the subject of many empirical studies. Hoping to contribute to the existing pool of literature, this paper examines the relationship between military expenditure and growth in the case of Cyprus, a small island economy, for the period 1964-99. The findings reported suggest the presence of bi-directional instantaneous causality between defence spending and economic growth.<p /> 
LA  - 
SN  - 1024-2694
UR  - http://dx.doi.org/10.1080/1024269032000166864
ID  - ref1
ER  -