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Greece: Military Expenditure, Economic Growth, and the Opportunity Cost of Defense

In: Arming the South

Author

Listed:
  • Emmanuel Athanassiou
  • Christos Kollias
  • Efi Nikolaidou
  • Stavros Zografakis

Abstract

Assessing the impact of military expenditure on economic performance is an area that has been growing fast following Benoit’s seminal contribution. It provided a strong impetus for research, both theoretical and applied, on the subject for the past quarter century or so. But no consensus appears to exist as to the nature and extent of the economic effects of defense spending (Dunne, 1996; Ram, 1995; Fontanel, 1990; Gleditsch et al, 1996).

Suggested Citation

  • Emmanuel Athanassiou & Christos Kollias & Efi Nikolaidou & Stavros Zografakis, 2002. "Greece: Military Expenditure, Economic Growth, and the Opportunity Cost of Defense," Palgrave Macmillan Books, in: Jurgen Brauer & J. Paul Dunne (ed.), Arming the South, chapter 13, pages 291-317, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-50125-6_14
    DOI: 10.1057/9780230501256_14
    as

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    Cited by:

    1. J. Paul Dunne & Ron Smith & Dirk Willenbockel, 2005. "Models Of Military Expenditure And Growth: A Critical Review," Defence and Peace Economics, Taylor & Francis Journals, vol. 16(6), pages 449-461.

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