Fiscal Policies And Current Account Dynamics in OECD Countries.Do Military Expenditures Matter?
(2015) NEKP01 20151Department of Economics
- Abstract
- This paper builds on the empirical studies that have investigated the relationship between fiscal policies and the current account balance. Fiscal balances have been the most notable proxies for fiscal policies in these studies but also the general public expenditure has been considered. Drawing on this inspiration, this paper analyses the empirical relationship between military expenditures and the current account balance. Panel data for 30 OECD economies covering the period 1995 – 2011 has been used to compare the estimates from OLS, fixed effects and GMM models. A conclusion has therefore been drawn that there is evidence that military expenditures matter for the current account dynamics of the OECD sample countries.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/7448269
- author
- Alozious, Juuko LU
- supervisor
- organization
- course
- NEKP01 20151
- year
- 2015
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Panel data., Military Expenditures, Current account balance, Fiscal policies
- language
- English
- additional info
- This is a second year master's thesis by Juuko Alozious written between April and May 2015. Please contact me through the e-mail adress, juuko.alozious@hotmail.com incase of any concerns related to this paper.
- id
- 7448269
- date added to LUP
- 2015-06-30 10:23:11
- date last changed
- 2015-06-30 10:23:11
@misc{7448269, abstract = {{This paper builds on the empirical studies that have investigated the relationship between fiscal policies and the current account balance. Fiscal balances have been the most notable proxies for fiscal policies in these studies but also the general public expenditure has been considered. Drawing on this inspiration, this paper analyses the empirical relationship between military expenditures and the current account balance. Panel data for 30 OECD economies covering the period 1995 – 2011 has been used to compare the estimates from OLS, fixed effects and GMM models. A conclusion has therefore been drawn that there is evidence that military expenditures matter for the current account dynamics of the OECD sample countries.}}, author = {{Alozious, Juuko}}, language = {{eng}}, note = {{Student Paper}}, title = {{Fiscal Policies And Current Account Dynamics in OECD Countries.Do Military Expenditures Matter?}}, year = {{2015}}, }