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Exploring The Relationship Between Military Spending & Income Inequality In South Asia

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Author Info
Krishna Chaitanya Vadlamannati ()
Abstract

The basic objective of this paper is to examine the effect of military spending on income inequality in four major South Asian economies. In the process, we also control for other possible key determinants of income inequality subject to data availability. Using panel regression fixed effects analysis for the study period 1975 to 2005, we find from our estimates that there is a positive effect of military expenditure on income inequality.

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Paper provided by William Davidson Institute at the University of Michigan Stephen M. Ross Business School in its series William Davidson Institute Working Papers Series with number wp918.

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Date of creation: 01 Feb 2008
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Handle: RePEc:wdi:papers:2008-918

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Related research
Keywords: Defense Spending; Income Inequality & South Asia;

Find related papers by JEL classification:
H - Public Economics
I - Health, Education, and Welfare
O - Economic Development, Technological Change, and Growth

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  1. Maizels, Alfred & Nissanke, Machiko K., 1986. "The determinants of military expenditures in developing countries," World Development, Elsevier, vol. 14(9), pages 1125-1140, September. [Downloadable!] (restricted)
  2. Banerjee, Abhijit V & Duflo, Esther, 2003. " Inequality and Growth: What Can the Data Say?," Journal of Economic Growth, Springer, vol. 8(3), pages 267-99, September. [Downloadable!] (restricted)
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  3. Clarke, George R. G., 1995. "More evidence on income distribution and growth," Journal of Development Economics, Elsevier, vol. 47(2), pages 403-427, August. [Downloadable!] (restricted)
    Other versions:
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