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Fiscal Policies And Current Account Dynamics in OECD Countries.Do Military Expenditures Matter?

Alozious, Juuko LU (2015) NEKP01 20151
Department 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.
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author
Alozious, Juuko LU
supervisor
organization
course
NEKP01 20151
year
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},
  keyword      = {Panel data.,Military Expenditures,Current account balance,Fiscal policies},
  language     = {eng},
  note         = {Student Paper},
  title        = {Fiscal Policies And Current Account Dynamics in OECD Countries.Do Military Expenditures Matter?},
  year         = {2015},
}