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Military Expenditures and Economic Performance: Lessons from the Ethiopian Economy

Abstract: 

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.

Corporate Author: 
Ethiopian Economic Association/Ethiopian Economic Policy Research Institute (EEA/EEPRI)
Publisher: 
Ethiopian Economic Association (EEA)
Primary Descriptors: 

<p>Economic policy</p>

Geographic Descriptors: 
Ethiopia, Shoa
Cataloge Date: 
03/02/2013
Broad Subject heading: 
Economic conditions
Call Number: 
330.05 ETH JOU
Serial Key Title: 
Ethiopian Journal of Economics
Publication catagory: 
Content type: 
Volume: 
V
Year: 
October, 1996
Publication date: 
1996-03-02 00:00:00
Forum or Discussion date: 
2013-03-02 00:00:00
Number: 
2
Place of publication: 
Addis Ababa, Ethiopia
Type of material: 
Serial (Journal)
Current frequency: 
Semiannual
Author: