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Military Expenses: A Brake on Economic Growth in Chad

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  • Njamenkengdo, Arsene Aurelien
  • Kouladoum, Jean-Claude

Abstract

The objective of this study is to assess the contribution of military expenditure on economic growth in Chad. The methodology used refers to VAR modeling over the period 1985-2015. Results show that military expenditure has a negative and significant effect on economic growth in Chad. In terms of recommendations, Chad must significantly reduce its defense budget. The country must also diversify its economy fully based on oil revenues.

Suggested Citation

  • Njamenkengdo, Arsene Aurelien & Kouladoum, Jean-Claude, 2018. "Military Expenses: A Brake on Economic Growth in Chad," International Journal of Development and Conflict, Gokhale Institute of Politics and Economics, vol. 8(1), pages 14-26.
  • Handle: RePEc:gok:ijdcv1:v:8:y:2018:i:1:p:14-26
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    More about this item

    Keywords

    Military expenses; economic growth;

    JEL classification:

    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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