Globalization Versus Regionalization: And the Winner Is…
In: Journal of transnational management: the official journal of the International Management Development Association, Volume 13, Issue 4, p. 287-317
ISSN: 1547-5786
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In: Journal of transnational management: the official journal of the International Management Development Association, Volume 13, Issue 4, p. 287-317
ISSN: 1547-5786
In: Journal of transnational management: the official journal of the International Management Development Association, Volume 13, Issue 2, p. 112-131
ISSN: 1547-5786
In: Journal of transnational management: the official journal of the International Management Development Association, Volume 11, Issue 2, p. 53-76
ISSN: 1547-5786
In: Journal of Transnational Management Development, Volume 9, Issue 4, p. 73-91
In: Conflict management and peace science: the official journal of the Peace Science Society (International), Volume 21, Issue 2, p. 121-131
ISSN: 1549-9219
Past and contemporary research has examined the relationship between military spending and economic growth and has reported mixed results. These conflicting findings are perhaps due to the methodologies employed. Consequently, this study employs a simple, parsimonious New Growth model to investigate the link between military spending and economic growth in the United States over the period 1/1959—1/2001 by adopting a more robust estimation technique. It follows the Johansen co-integration and error correction methodology coupled with vector autoregression (VAR) and innovation accounting techniques. Findings are robustly substantiated and reveal that military spending and growth have neither a statistical nor an economic impact on each other. This suggests that current U.S. political debates opposing or favoring military spending on the grounds of its economic merit are irrelevant.
In: Conflict management and peace science: CMPS ; journal of the Peace Science Society ; papers contributing to the scientific study of conflict and conflict analysis, Volume 21, Issue 2, p. 121-132
ISSN: 0738-8942
In: Journal of Transnational Management Development, Volume 9, Issue 4, p. 73-91
In: Journal of transnational management development, Volume 8, Issue 1-2, p. 141-156
ISSN: 1528-7009
In: Review of Middle East economics and finance, Volume 1, Issue 2
ISSN: 1475-3693
In: The journal of developing areas, Volume 50, Issue 3, p. 389-416
ISSN: 1548-2278
In: Journal of transnational management: the official journal of the International Management Development Association, Volume 17, Issue 2, p. 155-166
ISSN: 1547-5786
In: Journal of transnational management: the official journal of the International Management Development Association, Volume 15, Issue 2, p. 117-150
ISSN: 1547-5786
This paper explores the effects of religion and Islamic sects on bilateral trade activities by employing an extended version of the gravity model. A stratified sample of 33 countries for the average period 1996-99 is selected. Although gravity models have been extensively used in the literature, to the best of our knowledge, they have neither been used to examine the impact of Islamic sects on bilateral trade nor to estimate religion within a model that incorporates oil-exporting countries, culture, regional trading arrangements, and political freedomessential control variables for the specification of the model. Findings reveal that Muslim majority countries trade less than their Christian, Jewish, Buddhist, or other counterparts. In addition, when disaggregating the Muslim sample into Sunni and Shia sects, results show that Sunni majority countries trade more than their Shiite counterparts. Other results and policy implications are discussed.
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