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Macroeconomic Aspects of the Golden Arches Theory of Conflict Prevention

Knutsson, Robert (2007)
Department of Economics
Abstract
This paper examines the possibility to use McDonald’s as a leading indicator for economic growth and stability. A small number of alternative hypotheses are also explored. The theory that McDonald’s can be used as an economic indicator originates in Thomas L. Friedman’s “Golden Arches Theory of Conflict Prevention” which presents a relationship between McDonald’s and political stability. Common statistical tests (chi-square) are applied on international GDP data for empirical theory testing. The results suggest that McDonald’s can be used as an indicator for good long-term growth and stability.
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author
Knutsson, Robert
supervisor
organization
year
type
M2 - Bachelor Degree
subject
keywords
McDonald’s, Economics, econometrics, economic theory, economic systems, economic policy, Nationalekonomi, ekonometri, ekonomisk teori, ekonomiska system, ekonomisk politik
language
English
id
1848800
date added to LUP
2007-09-10 00:00:00
date last changed
2011-06-01 12:43:53
@misc{1848800,
  abstract     = {This paper examines the possibility to use McDonald’s as a leading indicator for economic growth and stability. A small number of alternative hypotheses are also explored. The theory that McDonald’s can be used as an economic indicator originates in Thomas L. Friedman’s “Golden Arches Theory of Conflict Prevention” which presents a relationship between McDonald’s and political stability. Common statistical tests (chi-square) are applied on international GDP data for empirical theory testing. The results suggest that McDonald’s can be used as an indicator for good long-term growth and stability.},
  author       = {Knutsson, Robert},
  keyword      = {McDonald’s,Economics, econometrics, economic theory, economic systems, economic policy,Nationalekonomi, ekonometri, ekonomisk teori, ekonomiska system, ekonomisk politik},
  language     = {eng},
  note         = {Student Paper},
  title        = {Macroeconomic Aspects of the Golden Arches Theory of Conflict Prevention},
  year         = {2007},
}