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|JPD 1991 Vol. XVIII No. 1-e||Economic Growth and Defense Spending: Evidence on Causality for Selected Asian Countries|
An earlier version of this paper has been presented in 1989 at the Institute for Strategic and International Studies in Kuala Lumpur. This paper tests the causality issue between defense spending and economic growth in the Philippines. The results of the tests are used to provide implications for Philippine policy development.
|keywords:||economic growth,defense sector,causality|
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