A Note On Defense Budgets And Economic Growth: Developing Countries In The 1980S

Abstract: This Paper Examines How Investment, The Military Burden, And Military Expenditures As A Share Of The Central Government Budget Have Affected Economic Growth For A Sample Of Developing Countries In The 1980S. Factor Analysis And Discriminant Analisys Are Used To Separate The Countries Into Two Samples. The Model Wich The Paper Estimates Indicates The Defense Expenditures Differ Among Groups Of Countries As To How These Exependitures Affect Groups