Military Expenditures and Economic Growth: A Causal and Comparative Analysis Between the USA and China
Review of Radical Political Economics
Published online on May 31, 2026
Abstract
Review of Radical Political Economics, Ahead of Print.
This study compares the relationship between military spending and GDP growth in China and the United States from 1989 to 2018. Using the Toda-Yamamoto Granger causality test, impulse response functions, and variance decomposition, it examines whether ...
This study compares the relationship between military spending and GDP growth in China and the United States from 1989 to 2018. Using the Toda-Yamamoto Granger causality test, impulse response functions, and variance decomposition, it examines whether ...