Military Expenditures and Economic Performance: lessons from the Ethiopian Economy

This paper examines the impacts of military expenditures on varies sectors of the Ethiopian economy in general and social programs (education and health expenditures) in particular. Unlike most similar studies, a medium-sized macro econometric model and a specific country data set are used to estimate the impacts of defense expenditures. The simulation results indicate that an increase in military expenditures adversely affect output growth and the current account balance. The result also show that there was a trade-off between military expenditures and social; programs.


Editor(s):
Alemayehu, Geda
Alemayehu, Seyoum
Alemu, Mekonnen
Ali, A.G. Ali
Berhane, Tareke
Getachew, Yoseph
Tekalign, Gedamu
Issue Date:
1999-02
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/251802
Published in:
Ethiopian Journal of Economics, Volume 05, Number 2
Page range:
1-26
Total Pages:
101
Series Statement:
ETHIOPIAN JOURNAL OF ECONOMICS
Volume V Number 2; October 1996




 Record created 2017-04-01, last modified 2017-08-29

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